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By using the Fibonacci tools to connect the swing low with the swing high, hidden levels of potential support and potential price targets were revealed. USD/CAD bounced sharply from 1.0280 at the ...
Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%. How ...
A Fibonacci retracement is a popular tool among technical traders and is based on some key numbers. The origins of the Fibonacci series can be traced back to the ancient Indian mathematic scripts ...
Fans are diagonal lines drawn using Fibonacci ratios to identify potential support and resistance levels as price moves across time. The lines are drawn at angles determined by 38.2%, 50%, and 61. ...