Fibonacci - XAUBOT

Fibonacci

If you consider yourself a smart forex trader, would you be able to answer this test correctly about Fibonacci retracements? Let’s find out

1 / 5

Which set is the well-known Fibonacci sequence?

[1, 1, 2, 4, 8, 16, 32, 64, 128, …]

[1, 4, 9, 16, 25, 36, 49, 64, 81, …]

[0, 1, 1, 2, 3, 5, 8, 13, 21, 34, …]

[0, 1, 2, 3, 5, 8, 13, 21, 34, …]

2 / 5

What are the first 3 Fibonacci ratios used in calculating retracement levels?

[0.236, 0.382, 0.618]

[0.235, 0.380, 0.620]

3 / 5

The only ratio that does NOT belong to the Fibonacci sequence used in Fibonacci retracements is …

0.6

0.4

0.5

0.3

4 / 5

What is the main information that Fibonacci retracements provide?

Average prices

Trend reversals

Support and resistance

Trading volume

5 / 5

What are the most commonly used Fibonacci retracement levels?

38.2% - 50% - 61.8%

23.6% - 61.8% - 78.6%

23.6% - 50% - 61.8%

23.6% - 50% - 78.6%

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The average score is 48%

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