Markets › USD/CAD › Fibonacci bounce down
Forex · indicator signal
Fibonacci bounce down on USD/CAD
On USD/CAD the fibonacci bounce down showed up 62 times. The target came first 35% of the time, the stop 63%, and 2% went nowhere within 12 candles.
Counted on USD/CAD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Hourly | 62 | 35% | 63% | 2% |
USD/CAD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/CAD | 62 | 35% | 63% | 2% |
| 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 | 56% | 44% |
| 2025 | 30 | 30% | 67% |
| 2026 | 23 | 35% | 65% |
The last 8 times
- 12 Oct 2026, 21:00 UTC · hourly · target first after 5 candles
- 15 Sep 2026, 05:00 UTC · hourly · target first after 2 candles
- 1 Sep 2026, 08:00 UTC · hourly · stop first after 3 candles
- 21 Aug 2026, 20:00 UTC · hourly · stop first after 1 candle
- 21 Aug 2026, 18:00 UTC · hourly · stop first after 3 candles
- 21 Aug 2026, 17:00 UTC · hourly · stop first after 4 candles
- 21 Aug 2026, 16:00 UTC · hourly · stop first after 5 candles
- 7 Aug 2026, 09:00 UTC · hourly · stop 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 USD/CAD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD 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 · EUR/GBP · AUD/USD · 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 USD/CAD?
In 62 cases on USD/CAD, the target (1.5 × ATR) came before the stop (1 × ATR) 35% of the time and the stop came first 63%; 2% 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.