Technical Analysis · Drill

Fibonacci Retracements

Fibonacci retracements map where a pullback is likely to find support or resistance within a trend. The skill is precision: anchor the exact swing low and swing high, and the levels fall into place. This drill scores both anchors against the true swing within a tight tolerance, so you build a repeatable, accurate process.

1. 01Find the swing

   Identify the dominant leg on the chart - the move from the major swing low to the major swing high.

2. 02Anchor the extremes

   Click the chart to set your swing low, then your swing high. Anchor to the wick extremes, not the candle bodies.

3. 03Read the retracement

   The candidate fib grid (23.6 / 38.2 / 50 / 61.8 / 78.6%) draws from your anchors. Submit to score against the true swing.