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 ...
In this monthly special technical analysis feature, CMC Markets will bring you trading guides and strategies to help you develop and enhance your trading skills. Fibonacci retracements are a popular ...
I last left the Dow on Wednesday in a state of indecision. The market had broken below my lower tramline drawn off the lows made since the 8 August low at 10,450. But it had not made a decisive break ...
* It therefore encourages the completion soon of a five wave trend sequence and a Major Top! * But First the Market must get Long! Guest_Commentary_EURUSD_is_a ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
Often when describing patterns, they are placed in one of two categories: organic or geometric. Organic designs are ones ...
“The proportion of .618034 to 1 is the mathematical basis for the shape of playing cards and the Parthenon, sunflowers and snail shells, Greek vases and the spiral galaxies of outer space. The Greeks ...
If you’ve been following our research long enough, you’ll remember that we often discuss Fibonacci Price Theory and how we use it to try to identify opportunities and trends in the markets. The basic ...
The seeds of a sunflower, the spines of a cactus, and the bracts of a pinecone all form whirling spiral patterns. Remarkable for their regularity and beauty, these natural structures also show some ...