Fibonacci Analysis

Calculate Fibonacci retracement levels and identify golden zone support/resistance

HuskyDanny Updated

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Fibonacci Analysis Workflow

OBJECTIVE: Identify key Fibonacci levels and assess price position.

Step 1: Get Price Data

  • Use get_historical_prices with 6-month lookback
  • Identify the most significant swing (major high to low or low to high)

Step 2: Calculate Fibonacci Levels

  • Use fibonacci_analysis_tool with the identified swing points
  • The tool will calculate: 23.6%, 38.2%, 50%, 61.8%, 78.6% levels

Step 3: Focus on Golden Zone

  • The 61.5%-61.8% level is the "golden ratio" - most significant
  • For UPTREND: Golden zone is SUPPORT (price retraces down to it)
  • For DOWNTREND: Golden zone is RESISTANCE (price bounces up to it)

Step 4: Assess Current Position

  • ABOVE golden zone: Bullish positioning
  • IN golden zone: Critical decision area (watch for reversal signals)
  • BELOW golden zone: Support broken, trend may be reversing

Output Format

Fibonacci Analysis: [SYMBOL] Swing: [TYPE] from $LOW to $HIGH Golden Zone: $X.XX - $Y.YY Current Price: $Z.ZZ -> [ABOVE/IN/BELOW] golden zone Interpretation: [Actionable assessment]

HuskyDanny/FinancialAgent/tree/main/backend/src/agent/skills/technical/fibonacci-analysis commit 60030c11be

Frequently asked questions

npx skillmds@latest add huskydanny/fibonacci-analysis