A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...
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XRP price attempts trend reversal
XRP pushed through the $2.10 resistance zone and is developing a price structure that, if sustained, could carry Ripple’s ...
The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.
Fibonacci extensions is a technical analysis’ tool that shows probable hidden support or resistance levels at prices where traders don’t expect a retracement or pullback. If a Fibonacci extension ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). There is more to the world of Fibonacci than the more familiar retracements, ...
(MENAFN- DailyFX) FIBONACCI TALKING POINTS: - Fibonacci retracements can be applied to a variety of markets in the effort of identifying possible support or resistance levels. - In this article, we ...
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 ...
Drawing trendlines can be a great way to determine support or resistance values when a strong market trend is present. However, trendlines by themselves leave a lot to be desired when it comes to ...
For active investors, the challenge is not typically finding a good stock or an entry point; it’s knowing where to get out. When a stock surges past its previous high, you enter what technical ...
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