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Fibonacci Retracement Analysis

Posted: May 31, 2022, 2:28 p.m.


One of the tools Technical Analysts at Blue Line Futures utilize is the Fibonacci Retracement. It uses the Golden Ratio (1.618) to determine suitable levels of support after an established uptrend has begun to wane.

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Blue Line Futures is dedicated to working with our clients to enable them to grow with us from a technical perspective. Our Director of Content & Education, Paul Wankmueller CMT, has over 17 years in the Futures & Options industry, and also serves as an associate editor of the Journal of Technical Analysis.



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