Within the field of technical analysis, the Fibonacci number sequence is applied to gauge price (and occasionally time) movements. The most commonly used numbers in this form of retracement ...

If you ask any technical trader which charting tool they rely on the most, Fibonacci retracement would probably come high up on the list.

Consider an example of a forex swing trader operating based on the Fibonacci Retracement levels that will be described further in the following section under Retracement Trading. The trades this ...

Fibonacci retracement levels are considered as hidden support and resistance levels. Quite often they coincide with obvious support and resistance levels, like in the forex graph in question.

The chart below shows the position on the weekly chart, showing the Fibonacci retracement levels from the all-time high in 2008 (marked 'all-time top') to the recent low in June (marked 'low ...

Fibonacci tools for retracement levels, or geometric shapes for highlighting key areas. Using the combination of these tools can also help in performing precise technical analysis. For example ...

(That’s one of the reasons why silver is a very difficult market to trade for beginners ... and they almost touched their 61.8% Fibonacci retracement level. This is a strong technical resistance ...

In this past week we have seen the Meal and Hogs react to a 78.6% Fibonacci retracement. Following the ONE44 78.6% rule, we know this retracement can cause quick swings in the market and that the ...

Fibonacci analysis can be very helpful in this situation. If you ask any technical trader which charting tool they rely on the most, Fibonacci retracement would probably come fairly high up on the ...