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.
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 ...
Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...
Tesla's stock was shedding 5.3% in recent trading, and has now corrected $37.16, or 10.6%, over the past three days. The stock had rallied $98.56, or 39.2%, from the Nov. 5 close of $251.44 to the Nov ...
Natural gas completed a 78.6% Fibonacci retracement today as it fell further to a low of 2.57. That led to an intraday bounce, yet natural gas looks like it will close relatively weak, in the lower ...
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 ...
Gold pulls back slightly today as it drops below yesterday’s low of 2,035 and it very well may close weak, below yesterday’s low. Wednesday’s high of 2,052 completed a 13.3% rally from the October 6 ...