Ever stared at a chart and thought: “There’s gotta be some logic in this chaos”? You’re not alone. Traders have hunted for patterns in price movements since markets began. And one pattern, drawn from ...

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 ...

But, looking at the downside, if support at $1,286.10 gives way on a closing basis, gold will be vulnerable to a fresh selling wave, with next downside support at the 61.8% Fibonacci retracement ...

🔹 Visualize stock price movements using candlestick charts. 🔹 Detect important price patterns such as peaks, valleys, and key candlestick formations. 🔹 Analyze stock waves and Fibonacci retracement ...

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.

Using the Fibonacci ToolThe rally up to between the 38.2% and 61.8% levels signals the “trade zone”. (We can see on our chart that price retraced into this zone several times providing selling ...

The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.

EUR/USD weekly chart Bitcoin Bearish Breakout Below 78.6% Fib Bitcoin (BTC/USD) has respected most of the Fibonacci retracement levels. Recently price action has broken below the 78.6% Fibonacci: ...