Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). There is more to the world of Fibonacci than the more familiar retracements, ...

Want to know where and how to find and draw support and resistance levels for any asset? It is explained here. Want to know where and how to find and draw support and resistance levels for any asset?

Fibonacci ratios are widely used to develop price targets for retracements on countertrend moves. A Fibonacci retracement will help spot support levels in an uptrend or resistance in a downtrend.

What is a Fibonacci retracement and why is it a popular choice when using technical analysis? Find out how to use Fibonacci retracements to trade with us. Fibonacci retracement denotes a type of ...

As bitcoin (BTC) continues to trade flat in the $116,000-$120,000 range, the monthly chart shows $122,056 as key resistance that needs to be breached to confirm continuation of the bull run. That ...

We provide the following indicators and drawing tools on the IG charts. Some are only available on the IG Trading platform, rather than the classic platform. The value of shares, ETFs and ETCs bought ...

XRP is back above $3, and one analyst’s Fibonacci extension chart suggests targets as high as $26.63, a 773% rally. Here’s why bulls are excited, Ripple’s global expansion, and why some say the ...

The stock market’s Friday plunge will have market bulls looking for the Dow Jones Industrial Average to hold important support tied to the market’s gyrations all the way back to the 2007-09 financial ...