Fibonacci 61.8% Retracement (bullish) Pattern — what it is and how to read it
Bullish pattern Fibonacci family
Golden ratio (61.8%) pullback: the trend's classic 'breathing' zone. No buying before the bounce is confirmed; a close below C = the correction is deepening.
How to read it
A bullish structure is only a candidate until its trigger (neckline / breakout level) is broken. StockFortuna draws the ▲ marker only on a green candle that closes above the trigger — a description of what the chart did, not a recommendation.
Our backtest: ⚪ Not backtested (added 9 Sep 2026) — information on the chart only; it does not enter the buying system.
BIST 100 stocks where our scan detected it (last 30 trading days, 19 Oct 2026)
| Stock | Pattern completed | Live chart |
|---|---|---|
| EREGL | 30.09.2026 | open chart |
| ISDMR | 01.10.2026 | open chart |
| MIATK | 14.10.2026 | open chart |
| TAVHL | 30.09.2026 | open chart |
| TTKOM | 30.09.2026 | open chart |
| VAKBN | 30.09.2026 | open chart |
| YKBNK | 30.09.2026 | open chart |
Automatic detection only (alphabetical) — StockFortuna does not recommend stocks; open the chart and judge for yourself. Not investment advice.
Try it on a live chart →FAQ
- What is the Fibonacci 61.8% Retracement (bullish) Pattern?
- Golden ratio (61.8%) pullback: the trend's classic 'breathing' zone. No buying before the bounce is confirmed; a close below C = the correction is deepening.
- Is the Fibonacci 61.8% Retracement (bullish) Pattern bullish or bearish?
- It is a bullish (upside) pattern.
- When is it marked on the chart?
- Only when a green candle closes above the trigger (neckline / breakout level); the ▲ marker describes what the chart did, it is not a recommendation.
- Has it been backtested?
- ⚪ Not backtested (added 9 Sep 2026) — information on the chart only; it does not enter the buying system.
- How can I see the Fibonacci 61.8% Retracement (bullish) Pattern on a live chart?
- Open StockFortuna → Markets → Chart Studio and pick it from the list; the pattern is detected automatically on real data.
Related
- Fibonacci 38.2% Retracement (bullish)
- Fibonacci 50% Retracement (bullish)
- Fibonacci 78.6% Retracement (bullish)
- Fibonacci 38.2% Retracement (bearish)
- Fibonacci 50% Retracement (bearish)
- Fibonacci 61.8% Retracement (bearish)
- Fibonacci 78.6% Retracement (bearish)
- Fibonacci 1.618 Extension Low (bullish)
- Fibonacci 1.618 Extension High (bearish)
- Bull Pennant
- Bear Pennant
- V Reversal (bullish)
For information and education only — not investment advice.