On a short-term daily candlestick chart with a simple Fibonacci retracement spanning from $24,750 up to $31,862, we can see that the 38% retracement level at $29,145 has been acting as support for ...

To use this method, draw lines connecting a major high and low on the chart. Then, calculate retracement levels using Fibonacci ratios like 23.6%, 38.2%, 50% and 61.8%.

Below it, the short term target is 78.6% the other way at 3292.50, per the ONE44 78.6% rule, this is also a major Gann square. If this is all it can setback, look for a quick run to new highs. The ...

Bitcoin chart demonstrating the swing low candle or lower extreme and the swing high candle or upper extreme. Tradeview Once that range is set, Fibonacci retracement levels are set 23.6%, 38.2% ...

From dailyfx.com S&P 500 technical positioning warns of a turn lower ahead, hinting the safe-haven US Dollar may manage to hold up at support and position for recovery. US DOLLAR TECHNICAL ANALYSIS– ...

Fibonacci Retracements Analysis 14.06.2021 (GOLD, USDCHF) From robomarkets.com As we can see in the H4 chart, XAUUSD is forming another correctional wave to the downside after a divergence on MACD.

Below that is the 38.2% Fibonacci retracement that occurs at 107.056. Finally, there is the potential to find support at the 50% retracement which is at 104.693.

Zooming out to a daily SPX500 chart and adding a Fibonacci retracement starting from the 2/4/14 high to the 4/8 low of 1836.60 low we get potential areas of Fibonacci resistance that can act as ...

Having said that, we will be watching the 78.6% retracement on the nearby chart at 5577.00, there is also a major Gann square at 5566.00 for added support. This will be the key area for the next week.