Gold is re-testing its 61.8% Fibonacci retracement once again instead of declining. Is it really bullish, though? I previously wrote that based on the similarity to how gold behaved after another key ...
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 ...
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 ...
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.
Crude oil consolidates near $67.39 after a bullish breakout, with support holding key moving averages, signaling a potential continuation toward $78.40.
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 ...
The key Fibonacci percentages help traders identify support and resistance levels As new traders flood the market, a return to the basics may help novices understand the fundamentals of options ...