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 ...
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.
USD/JPY's fall has been arrested at the second Fibonacci retracement of its recent rise This phenomenon can also be seen in the Nikkei 225 There's room for cautious bullishness as long as that prop ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
The S&P 500 has hit a critical technical threshold that could signal sharp losses are imminent. Traders are keeping a close eye on the 61.8% Fibonacci retracement level of the current market sell-off, ...
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 ...
As you can see on the chart below every setback in Cattle on the massive rally held either a 23.6%, 38.2% retracement to keep the trend intact. You can also see on the chart how the rallies now that ...
Rather than relying solely on percentage drawdowns and time elapsed, Fibonacci retracement levels mapped across multiple ...
The Nikkei 225 remains in retreat from its most recent significant high However, its fall has found what looks like quite solid support at a key retracement level Bulls will need to act quickly, ...
Shain Vernier has been trading since 2010 by charting price volatility. He uses one key tool that enables him to trade on momentum. Vernier doesn't try to predict the top or bottom of price swings.