You may have heard about the Fibonacci numbers — a sequence of compounded consecutive numbers: 0, 1, 1, 2, 3, 5, 8, etc. Leonardo Bonacci (better known as Fibonacci ...
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.
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
Traders are constantly confounded by the conundrum of when to enter a position during a trending market. Enter too early and run the risk of your stop getting hit before the trend continues its ...
Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...
Shain Vernier, a full-time trader, bets on crude oil, gold, and currencies over stocks. He utilizes the Fibonacci retracement tool for determining entry and exit points. He emphasizes the importance ...
With ETFs available for almost every financial niche imaginable, more and more traders are looking to technical analysis tools to help them trade the ETF universe. The Fibonacci Extension tool is ...
Welcome to my latest spread betting video tutorial. This week, I want to deal with the basics of Fibonacci theory - I will explain some more advanced methods in a later video. Fibonacci was an Italian ...
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 ...