📍 50% Fibonacci Retracement as Support
Although the 50% retracement is not an official Fibonacci ratio, it is one of the most widely used and most respected levels in technical analysis.
Why?
Because markets often retrace half of a strong move before continuing the trend.
✅ What It Means
When the price has rallied and then pulls back, the 50% level of that move often acts as a strong support zone, where buyers step back in.
📘 How It Works
Identify a strong up-move (swing low → swing high).
Apply Fibonacci retracement.
Look at the 50% level.
If price falls to this level and holds, it is considered support.
📊 Why 50% Works as Support
✔ Many institutional traders watch it.
✔ Human psychology — markets often correct halfway.
✔ Big players accumulate around this level.
✔ Works well in trending markets.
🟢 Bullish Scenario: 50% as Support
If price:
Drops to the 50% retracement
Slows down
Forms reversal candles (hammer, bullish engulfing)
Shows rising volume
👉 It indicates buyers defending the zone → uptrend likely to resume.
🎯 Entry, Stop-Loss & Target
Entry: When price bounces from 50% level
Stop-loss: Below the 61.8% or the swing low
Target: Retest of the previous swing high (100%)
If breakout continues, next target can be 1.272 or 1.618 extension.
Although the 50% retracement is not an official Fibonacci ratio, it is one of the most widely used and most respected levels in technical analysis.
Why?
Because markets often retrace half of a strong move before continuing the trend.
✅ What It Means
When the price has rallied and then pulls back, the 50% level of that move often acts as a strong support zone, where buyers step back in.
📘 How It Works
Identify a strong up-move (swing low → swing high).
Apply Fibonacci retracement.
Look at the 50% level.
If price falls to this level and holds, it is considered support.
📊 Why 50% Works as Support
✔ Many institutional traders watch it.
✔ Human psychology — markets often correct halfway.
✔ Big players accumulate around this level.
✔ Works well in trending markets.
🟢 Bullish Scenario: 50% as Support
If price:
Drops to the 50% retracement
Slows down
Forms reversal candles (hammer, bullish engulfing)
Shows rising volume
👉 It indicates buyers defending the zone → uptrend likely to resume.
🎯 Entry, Stop-Loss & Target
Entry: When price bounces from 50% level
Stop-loss: Below the 61.8% or the swing low
Target: Retest of the previous swing high (100%)
If breakout continues, next target can be 1.272 or 1.618 extension.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.