Which are the most popular Fibonacci Retracement levels? The most popular (or commonly watched) Fibonacci Retracements are 61.8% and 38.2%. Sometimes these percentages are rounded to 62% and 38%, respectively. The other two 'common' retracements include 23.6% and 50% (though 50% is not part of the Fibonacci sequence).
The key Fibonacci retracement levels to keep an eye on are: 23.6%, 38.2%, 50.0%, 61.8%, and 76.4%. The levels that seem to hold the most weight are the 38.2%, 50.0%, and 61.8% levels, which are normally set as the default settings of most forex charting software.
