Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...
You may have heard about the Fibonacci numbers — a sequence of compounded consecutive numbers: 0, 1, 1, 2, 3, 5, 8, etc. Leonardo Bonacci (better known as Fibonacci ...
The CTO of TradingView, a popular chart analysis service, has told Cointelegraph in an email on June 18 that the previous reports of a bug in their Fibonacci retracement technical analysis tool were ...