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Join host David Keller, CMT as he shares how he uses Fibonacci retracements to anticipate potential turning points. He takes viewers through the process of determining what price levels to use to set ...
Traders can use Fibonacci retracement tools provided in their forex trading platform, or they can perform manual calculations to determine these target retracement levels accurately.
Technical analysts often use Fibonacci retracement levels as targets when trading stocks. The key Fibonacci numbers are ratios derived from the Fibonacci series. A Fibonacci series starts with 0 ...
The use of Fibonacci retracement levels offers three levels of potential support in an uptrend and three levels of resistance in a downtrend. They are the 38.2%, the 50% and the 61.8% levels.
Apply the Fibonacci Retracement tool to price waves on any timeframe, from monthly charts down to one-minute charts. Use the tool to see how far a pullback is likely to retrace after another ...
Fibonacci retracements are valuable technical analysis tools that enable an investor to sniff out a stock's possible support or resistance areas.
Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...