Fibonacci, Harmonic Patterns & Elliott Wave Engine

Section 1: Fibonacci Analysis

Core Fibonacci Levels Reference

RETRACEMENT LEVELS:
  23.6% → Minor support/resistance (weak)
  38.2% → Moderate pullback level
  50.0% → Psychological midpoint (widely watched, not true Fibonacci)
  61.8% → "Golden Ratio" — MOST IMPORTANT level
  78.6% → Deep retracement (= √0.618)
  88.6% → Very deep (= √0.786); used in harmonic patterns