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Fibonacci retracement levels connect any two points that the trader views as relevant, typically a high point and a low point. The percentage levels provided are areas where the price could stall or reverse. The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
The essential part is that as the numbers get larger, the quotient between each successive pair of Fibonacci numbers approximates 1.618, or its inverse 0.618. This proportion is known by many names: the golden ratio, the golden mean, , and the divine proportion, among others. So, why is this number so important?
Craps Terms\n\n You win if a 7 or 11 roll, or lose if 2, 3, or 12 roll (known as craps ). Any other number that rolls becomes the point and the point must roll again before a 7 to win.
Any craps (two, three or 12) pays 7 to 1. Three and eleven pay 15 to 1. Hops Bets One-roll bet which pays 30 to 1, if hard 4, 6, 8 or 10 is rolled, 15 to 1 if the 4, 5, 6, 7, 8, 9 or 10 is rolled in any other manner than pairs. Hardways Available on 4, 6, 8 or 10.