Based on Fibonacci extensions, the projected target for this decline lies between 85.5 and 94.9. This corresponds to the 100% – 161.8% Fibonacci extension levels from the prior structure.

Support and resistance are two core technical analysis tools used to assume future prices of stocks or other assets, commonly applied in forex markets, stocks, and cryptocurrencies. These two levels ...

Swing trading forex strategically involves taking calculated risks with the goal of making a profit using the money that you deposit in your trading account as margin. Your capital committed to ...

In trading, the Fibonacci sequence gives rise to certain key ratios — 23.6%, 38.2%, 50%, 61.8%, and 100% and these Fibonacci levels are used to pinpoint potential areas of support, resistance, and ...

Whether you're trading stocks, forex, or cryptocurrencies, understanding how to apply Fibonacci retracement can be a powerful addition to your technical analysis toolkit.

The Fibonacci sequence is commonly used to determine these values: 23.6%, 38.2%, 50%, and 61.8%. It should be noted that although traders utilize the 50% level, it is not a Fibonacci number due to the ...

Using the important Fibonacci ratios of 23.6%, 38.2%, 50%, 61.83%, and 100%, technical analysts may generate a Fibonacci retracement from two extreme positions (often a peak and a trough) on a ...

Fibonacci retracement in an uptrend When trading with Fibonacci retracement levels in an uptrend, one needs to identify a trend’s swing highs. Once you’ve located the high, you then need to drag the ...

It is intertwined with the Fibonacci sequence, a mathematical concept discovered by Leonardo Fibonacci in the 13th century. But what is the Golden Pocket? And how can it enhance your trading strategy?

Now when its already done its looks like a triangle to me. However the targets from yesterday remain the same, this means 1,5860-1,5874 level, but only if this support line of diagonal in blue wave v ...

Fibonacci's golden ratio The focus tends to be on the ratio between the numbers in the sequence. This is considered to be the most important part of Fibonacci's work. Any number in the series divided ...

What is Fibonacci in trading? Leonardo Fibonacci was a mathematician born in 1170 AD. From his work, we get the Fibonacci sequence of numbers, and also the well-known Fibonacci golden ratio. The ...