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Meaning of Fibonacci retracement | Babel Free

Noun CEFR B2

Definitions

A method of technical analysis in which a forecast is generated by taking two extreme points on a chart and dividing the vertical distance by ratios based on the Fibonacci sequence.

countable, uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

Fibonacci sequence Fibonacci spiral fibracillin fibranne fibrate fibration

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