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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%.
Through the carnage of a 62 point decline, the index stopped at a Fibonacci level much like a car stops at a red traffic signal. Learn Forex – SPX500 4-Hour Chart Rebound from 38.2% Fibonacci ...
The high this week hit the 122.481 major Gann square and this will be the key level for next week. Use 122,481 as the swing point for the week. Below it, the short term target is 23.6% back to the 4/7 ...
From medium.com Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels ...
Key Levels to Watch Immediate Resistance: $216.90 (0.618 Fibonacci level) Key Resistance: $231.72 (0.5 Fibonacci retracement) Major Resistance: $246.54 (0.382 Fibonacci retracement) ...
BONK broke out of a descending wedge, reaching $0.00005906. The price retraced, consolidating within a descending channel. A breakout above $0.00003823 (0.5 Fibonacci retracement) could ...
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