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 ...
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 ...
Yesterday’s analysis generated a quite sizable response (as per our email inbox) and I’m not surprised. Gold moving to its key Fibonacci-extension-based (a.k.a. Phi-based) target and then reversing is ...
That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...