What timeframe should I use Fibonacci retracement?

LearnApr 30, 2026
Timothy Cahill
What timeframe should I use Fibonacci retracement?

Match your Fibonacci retracement timeframe to your trading horizon: 1-15 minute for scalpers, 15-minute to 1-hour for day traders, 4-hour to daily for swing, weekly or monthly for position trades.

Retracement levels are less reliable in shorter timeframes where volatility often shifts support and resistance levels.
Start with weekly or daily charts to pinpoint major swing highs and lows, use these to draw retracements that define key trading zones, then shift to lower charts for entries.

Adding Multi-timeframe confluence produces the strongest setups.

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