Freelancer

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Fibonacci Retracements

Score

1.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 8 43.1 0.50% 1.00% 25.6% -4.8% 83.1%
SHORT 8 47.6 0.50% 1.00% 30.9% -7.1% 95.0%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Freelancer (ASX:FLN) : The current Fibonacci Retraction levels are:
(23.61%) $0
(38.2%) $0
(50%) $0
(61.8%) $0

The current support levels are:
(78.6%) $0
(100%) $0
(138.2%) $0
(161.8%) $0
(261.8%) $0
(423.61%) $0



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


PROFILE: Freelancer (FLN.AX)


Stock Exchange: ASX
Company: Freelancer
Ticker Codes: | FLN.AX | ASX:FLN |

About Freelancer (ASX:FLN):

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. It operates through two segments, Online Marketplace and Online Payment Services. The company, through its marketplace, hires freelancers to do work in areas, such as software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services. It connects employers and freelancers from approximately 247 countries, regions, and territories. The company also provides escrow payment services. Freelancer Limited was founded in 2009 and is based in Sydney, Australia.

Top 10:

Fibonacci Retracements

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