Fibonacci Calculator - A Must-Have Tool for Traders
Fibonacci Calculator, developed by TECH-SITE, is a free Android application in the Finance subcategory of Business & Productivity. This tool is a must-have for traders who apply Fibonacci levels to their charts to identify potential bounces and reversals during a pullback.
The Fibonacci series is a logical number sequence that traders use to identify commonly observed market retracement levels of 38.2% (38%), 50%, and 61.8% (62%). The Fibonacci Calculator allows traders to input the start and end points of a notable trend and then examine the price patterns for potential bounces and reversals at these levels.
The app's interface is user-friendly and easy to navigate, even for novice traders. It's compatible with Android 9.0 and provides accurate calculations without any bugs or glitches. Overall, Fibonacci Calculator is an excellent tool for traders who want to apply Fibonacci levels to their charts and identify potential bounces and reversals during a pullback.
