Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...
Centuries ago, before there was any semblance of a stock market, one Italian developed a theory that would lay the groundwork for countless mathematical applications. Fibonacci retracements are ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Whether you're trading stocks or options, you probably include technical analysis somewhere in your methodology. The next time you analyze a chart, remember that there are two types of percentage ...
The 'golden ratio' plays an important role in both stock analysis and nature Centuries ago, before there was any semblance of a stock market, one Italian developed a theory that would lay the ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
The S&P 500 has tested the 0.5 Fibonacci Retracement. Most bear markets end when the 0.5 retracement is successfully breached. Leading indicators suggest that the bottom is not in for the S&P. The ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant ...
I last left the Dow on Wednesday in a state of indecision. The market had broken below my lower tramline drawn off the lows made since the 8 August low at 10,450. But it had not made a decisive break ...