Markets › EUR/GBP › Fibonacci bounce down
Forex · indicator signal
Fibonacci bounce down on EUR/GBP
On EUR/GBP the fibonacci bounce down showed up 80 times. The target came first 42% of the time, the stop 52%, and 5% went nowhere within 12 candles.
Counted on EUR/GBP: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 8 | 62% | 38% | 0% |
| Hourly | 72 | 40% | 54% | 6% |
EUR/GBP against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| EUR/GBP | 80 | 42% | 52% | 5% |
| All Forex charts | 1,036 | 40% | 56% | 5% |
| Every market | 17,936 | 35% | 57% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 9 | 0% | 100% |
| 2025 | 38 | 53% | 42% |
| 2026 | 25 | 36% | 56% |
The last 8 times
- 7 Oct 2026, 14:00 UTC · hourly · stop first after 3 candles
- 7 Oct 2026, 12:00 UTC · hourly · stop first after 1 candle
- 7 Oct 2026, 11:00 UTC · hourly · stop first after 2 candles
- 17 Sep 2026, 08:00 UTC · hourly · stop first after 3 candles
- 31 Aug 2026, 08:00 UTC · hourly · stop first after 2 candles
- 27 Jul 2026, 02:00 UTC · hourly · stop first after 4 candles
- 22 Jul 2026, 07:00 UTC · hourly · stop first after 1 candle
- 15 Jul 2026, 05:00 UTC · hourly · target first after 1 candle
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the fibonacci bounce down is
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.
Imagine falling down a slide, climbing back up about halfway, then slipping down again. Fibonacci levels mark how far price climbed back compared with the fall. A Fibonacci bounce down is when price rallies back into the 50% to 61.8% zone and turns down.
The full fibonacci bounce down lesson, video and quiz ›
Other patterns on EUR/GBP
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI overbought drop · all of them
The fibonacci bounce down elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver
Questions
How often does the fibonacci bounce down work on EUR/GBP?
In 80 cases on EUR/GBP, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 52%; 5% went nowhere within 12 candles.
What is the fibonacci bounce down?
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.