This article was originally published on ETFTrends.com. Per Investopedia, a Fibonacci retracement is “is a term used in technical analysis that refers to areas of support (stops going lower) or ...
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.
Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...
We all are familiar with concept, “What goes up must come down,” as it is applied to the force of gravity that keeps us tethered to our planetary home. However, this law has other applications as well ...