Fibonacci Retracement Indicator for MT4 – https://indicatorspot.com/indicator/fibo-retracement/ – Download FREE
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. They are named after their use of the Fibonacci sequence. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction.