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 ...
Drawing trendlines can be a great way to determine support or resistance values when a strong market trend is present. However, trendlines by themselves leave a lot to be desired when it comes to ...
The chart is key to this analysis. There are two methods we use at ONE44 to find support and resistance in the markets. The first are major Gann squares, these are the yellow horizontal lines on the ...
Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...
Crude oil held support after a breakout, confirming a bullish reversal pattern with upside targets as high as $73.31 based on Fibonacci retracements and price structure. Crude oil consolidated on ...
Bitcoin sees a modest rebound into the weekly candle close, but traders see key resistance overhead. BTC price action risks a much deeper drop if bulls fail to reclaim that resistance zone. Fibonacci ...