Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...
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 ...
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.
Stephens, co-leader of the Trading Room advisory service who uses Fibonacci strategies, told attendees at the recent Las Vegas MoneyShow that they should create a ...
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.
XRP is testing key levels. The 0.618 Fibonacci retracement level at $1.90 is a key support zone. A breakout from the descending triangle could define the next major trend direction for XRP. Ripple’s ...