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 ...
Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...
Fibonacci ratios are widely used to develop price targets for retracements on countertrend moves. A Fibonacci retracement will help spot support levels in an uptrend or resistance in a downtrend.
Natural gas spiked to a new trend high of $5.50 Friday, clearing both the 200% channel extension and the 61.8% Fibonacci at ...
An ongoing retracement in natural gas continues with a drop below Thursday’s low. Support for the day was seen at a low of 2.54, followed by an intraday bounce. The ...
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.
Bitcoin's bull run appears to be in full swing amid a broader consensus that 2021 could bring more significant gains. The question now for market participants is how high the cryptocurrency could go ...