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As a technical analyst, I rely on numbers, indicators, and patterns as the foundation of my trading decisions. These tools are used to develop a plan for every investment or trade, and one ...
Without diving too heavily into the math, Fibonacci analysis is based on a series of numbers developed by Italian mathematician Leonardo Fibonacci in the 12th century.
Learn how to use Fibonacci retracements as part of a forex trading strategy. Fibonacci levels are watched to identify support and resistance levels.
A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement ...
After dividing 1 by 999-quattuordecillion (a number that’s 48 integers long), you get the Fibonacci sequence presented in neat, 24-digit strings. Here’s why that happens. As a quick refresher ...
In addition to Fibonacci levels, stocks will often find support at price points that correspond with round-number percentage returns. For example, after declining 20% off a recent high, a stock ...
The number of petals that a flower has isn't always a Fibonacci number. For more math, visit the MathTrek blog.
It's reliability is questionable, though fanatics claim it's the finest of models. The idea is derived from the Fibonacci sequence, a series of numbers starting with the digits 0 and 1, with each ...
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