What is a Fibonacci retracement and why is it a popular choice when using technical analysis? Find out how to use Fibonacci retracements to trade with us. Fibonacci retracement denotes a type of ...
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 ...
Natural gas extended its bearish correction to a new retracement low, breaking key supports and increasing the likelihood of ...
The S&P 500 Index (SPX) has rallied over 15% off its October 2022 low. For the second time since then, it’s running right into it’s 50% retracement level. It was rejected by this level in February, ...
When fundamental outlooks and news headlines dominate the trading environment to the extreme they are doing in the near-term one of the most reliable, yet simplistic, Futures chart patterns can be ...
Though we had an initial breach of the medium term bullish trend line, the buyers eventually found some fresh buying pressure near the 38.2% Fibonacci retracement level at 1.30655 (drawn from the low ...
Natural gas hit a new retracement low before rebounding intraday, hinting at a hammer reversal, though continued weakness ...