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 ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
For active investors, the challenge is not typically finding a good stock or an entry point; it’s knowing where to get out. When a stock surges past its previous high, you enter what technical ...
The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...
DOGE remains in a Wave 4 corrective phase within an Elliott Wave structure. Bearish RSI divergence hints at a weakening bullish trend. A breakout above the trendline could confirm the start of Wave 5.
XRP traded near $2.34 on the weekly chart as buyers defended a key retracement zone. The structure shows higher lows after a corrective phase that followed the ...
Shain Vernier has been trading since 2010 by charting price volatility. He uses one key tool that enables him to trade on momentum. Vernier doesn't try to predict the top or bottom of price swings.