In the example below, breakout traders can look for price to move through resistance at the 78.6% retracement. At this point entry orders can be set as XAUUSD begins to create new market highs.

Gbp/Usd Chart: Wave B Retracement on the Pound? From thelfb-forex.com Cable has traded higher in the last two sessions, very close to the lower trend-line resistance of the triangle. Around this ...

The chart is key to this analysis. As we point out in the video, every setback since the August Cattle Bull run started on 9/9/24 has held either a 23.6%, or 38.2% retracement. The dates of these ...

Chart Of The Day: Gold Retracement Likely Before Next Up Leg Add a Comment Post Post also to: Replace 1000 Comments(5) John Affleck Oct 01, 2012 3:46PM ET Reply 00 Report John Affleck Oct 01, 2012 ...

In short, traders pick two points on a stock chart (typically, a critical high and low point). And then they calculate the Fibonacci-derived retracement levels between those two points – 23.6% ...

Alternatively, the retracement is not over, and natural gas moves to below today’s low of 2.62. In addition to possible support around the Fibonacci retracement levels as seen on the chart, a ...

EUR/USD recent uptrend has pushed the currency pair up to 1.3175 since the multi-month low of 1.204 that printed in July. Technical analysis now implies a likely retracement that is regarded as a ...

Bitcoin retracement likely - BTC Price Prediction, Forecast, Chart AnalysisAbove: Hedera Bitcoin (BTCUSD) Bitcoin (BTCUSD) is ready for a mean reversion setup on its weekly chart. Within the ...

In One Chart Some stock market ‘complacency creeping in’ after S&P 500’s ‘near-perfect retracement’ of selloff: chart watcher By William Watts Last Updated: March 28, 2022, 1:21 p.m. ET ...

However, the Fibonacci retracement values of 38.2% and 61.8% are often very useful as we will see today. Below is a chart, of how the "Core Holdings" held by Institutions have performed since 1998.