Fibonacci extensions is a technical analysis’ tool that shows probable hidden support or resistance levels at prices where traders don’t expect a retracement or pullback. If a Fibonacci extension ...

As currency pairs fluctuate in the ever changing forex markets, it’s important to be able to forecast support and resistance levels, and where an exchange As currency pairs fluctuate in the ever ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). There is more to the world of Fibonacci than the more familiar retracements, ...

What is a Fibonacci retracement and why is it a popular choice when using technical analysis? Find out how to use Fibonacci retracements to trade with us. Fibonacci retracement denotes a type of ...

Fibonacci retracements are derived from the Fibonacci sequence (The Rabbit Problem), Fibonacci was an 11th century Italian mathematician and now we use his sequence in financial markets. It is ...

To a casual observer, the stock market would appear to be a blur of activity with stock prices reacting randomly to news flow and to the sudden bursts of emotion that seem to grip traders every now ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, ...

It’s easy to feel like you’ve found the Holy Grail when you’re first introduced to the Fibonacci sequence and furthermore, the Fibonacci ratios. The common Fibonacci ratios of 38.2%, 61.8% & 76.4% can ...

Fibonacci ratios are widely used to develop price targets for retracements on countertrend moves. A Fibonacci retracement will help spot support levels in an uptrend or resistance in a downtrend.