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| ===== Fibonacci Retracement Lines ===== | ===== Fibonacci Retracement Lines ===== | ||
| - | **Fibonacci Retracement** lines can help you anticipate where reversals may occur in the future. For more, please see [[http://stockcharts.com/school/doku.php?id=chart_analysis:fibonacci_retracemen|our ChartSchool article on Fibonacci Retracements]]. | + | **Fibonacci Retracement** lines can help you anticipate where reversals may occur in the future. For more, please see [[cs>chart_analysis:fibonacci_retracemen|our ChartSchool article on Fibonacci Retracements]]. |
| After selecting the Fibonacci Retracement tool, you can click on a significant bottom (or top) on your chart and then drag up (or down) and to the right to the next significant top (or bottom). Important Fibonacci Retracement levels (0%, 38.2%, 50%, 61.8%, and 100%) will automatically be added to the chart, with their values displayed on each line. | After selecting the Fibonacci Retracement tool, you can click on a significant bottom (or top) on your chart and then drag up (or down) and to the right to the next significant top (or bottom). Important Fibonacci Retracement levels (0%, 38.2%, 50%, 61.8%, and 100%) will automatically be added to the chart, with their values displayed on each line. | ||