Descending channel breakout attempt. Wave (ii) support is held in the demand zone. Potential upside towards key Fibonacci ...

Corrective phase completion near key Fibonacci retracement support. Descending trendline resistance remains a crucial barrier ...

Natural gas pulls back from $6.80 while WTI and Brent hold rising channels, as traders balance supply recovery against ...

Silver spent much of last week testing resistance around the downtrend line that is a top declining trend channel line. Resistance was seen at a swing high of 23.33. That price level is a little below ...

Bitcoin completed a 38.2% Fibonacci retracement yesterday with the day’s low of 60,771. That low also bounced off an internal rising trendline. So, this means the uptrend may continue from here if ...

Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...

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 ...