Horizontal levels at 23.6%, 38.2%, 50%, 61.8%, and 78.6% of a measured leg, used to frame retrace entries.
Fibonacci Retracement levels divide a price leg into proportional zones based on the golden ratio. In practice, LA Traders uses three: 50% (equilibrium), 62%–79% (the OTE zone), and the extremes (0% and 100%, which define the leg itself). The levels work not because of magic ratios, but because enough traders watch them that they become self-fulfilling reference points — and because they frame risk precisely.
Fibonacci levels are a ruler, not a crystal ball. They measure where you are in the retrace so you can define entry, stop, and invalidation in numbers instead of feelings.
Leg: 5,828 → 5,848. 50% = 5,838. 62% = 5,835.6. 79% = 5,832.2. The 5,832–5,836 zone is OTE. Below 5,828, the long idea is dead. Clean, mechanical levels.
Fibonacci levels frame the Retrace. After the Reveal, you measure the leg and wait for price to return to the 62–79% OTE zone — that's where the Protocol says to enter.
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