Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...
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.
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 ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
After Friday's impressive (and much-needed) bounce toward lower yields, the new week/month took on even greater importance than normal as a venue for a shift in the recently ultra-bearish tone. In ...
Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken. Popular ...
- GBP/JPY has started to show volatility again after an uncharacteristically quiet 2017 continued into the early portion of this year. After an aggressive reversal showed in February brought on ...
Applying Fibonacci levels to your Forex charts is a simple yet advanced two step method for finding price targets in the trends path. Article Summary: When studying how to place trades in the ...