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Fibonacci Retracements

Corrective Wave Patterns
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Fibonacci Retracements

This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.

Just as there are Fibonacci projection ratios for trends, there are key retracement ratios for corrections as well. In this lesson, we learn how to measure corrections in our trading as well as what the likely Fibonacci retracement will be for the 4 corrective patterns that we study.

Corrective Wave Patterns

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