On this page
Key terms for this guide
These glossary pages cover the ideas and platform language most likely to matter as you work through this guide.
Automatic Fibonacci levels are swing dependent
A Fibonacci tool is built around the recent swing, so it is best when your question is where a move might retrace inside the structure that just formed.
Round numbers are simpler and broader
Round-number levels are not tied to a specific swing. They are better when you want light psychological context that remains stable even as the latest swing changes.
Choose by the type of level you trust
If you care about pullback structure, Fibonacci levels usually make more sense. If you care about simple reference prices that other traders are likely to notice, round numbers often win.
Recommended next step
Try the one you are leaning toward
At some point the comparison has done its job. If one option is already making more sense, it is better to test it than keep rereading the same pros and cons.
