The Fibonacci tool is very popular amongst traders and for good reasons. The Fibonacci is a universal trading concept that can be applied to all timeframes and markets. There are also countless ...
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, ...
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 ...
Having talked with hundreds of clients and having been a part of the investing world and financial services for the better portion of two decades, I have discovered that most amateur investors focus ...
With the S&P making new market highs there are limited traditional market levels to look for overhead resistance. We examine the use of Fibonacci Price Extensions. Fibonacci Price Extensions suggests ...
Fibonacci retracement. Sounds sophisticated? But what does it do? And does it work? Luckily for traders, Fibonacci retracements are far more than just a nifty word. In fact, it's the name of a tool ...
PENGU consolidates in Wave iv above $0.0388 support. Resistance at $0.043 blocks Wave v breakout. Wave v targets $0.0503 and $0.0538 Fibonacci extensions. Pudgy Penguins (PENGU) has seen strong ...