A Fibonacci retracement level can be used as support or resistance levels. You can evaluate the region that is targeted by the retracement as a place to enter a counter trade of the current trend ...

Traders confirm alignment with Fibonacci levels before entering a trade, placing stop-losses beyond the X-point and targeting Fibonacci extension levels for profit-taking. Elliot Wave theory uses ...

So a long trade at either level was indicated. Here is the updated chart as I write on 9 December: With the large positive-momentum divergence hinting at a sharp rally phase ahead, the Fibonacci ...

I'm going to talk about the gold market again today, because it's a great demonstration of how to trade using Fibonacci levels. On Monday, the market was declining off a very significant internal ...

Investopedia / Yurle Villegas The Fibonacci sequence is a series of numbers where each successive number is equal to the sum of the two numbers that precede it. The Fibonacci sequence is one of ...

There is a trade-off in technical analysis between jumping ... but it increases the odds of avoiding a fake-out. Leonardo Fibonacci was a mathematician born around 1170 – what on earth did ...

If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member. You can also follow us on YouTube for more examples of how to use the Fibonacci retracements ...

(CoinDesk/TradingView) The Fibonacci series comprises adding the ... Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and ...

The asset has tested significant Fibonacci retracement levels, hinting at a potential reversal or continuation of its downward movement. Elliott Wave counts suggest ADA is in the later stages of a ...

Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels. XRP reached a peak of $3.40 in ...