These reactions happen so often that they can be measured mathematically with Fibonacci ... forecast profit-taking and ...

I placed my Fibonacci levels on that bounce and the market ... That was all the information I needed to take short-term profits on my shorts at the 6,120 level for a very tasty 250 pips profit ...

The H4 RSI was back above neutral 50, to show upward momentum. The OBV also began to trend higher to reflect increased buying ...

Below, we review the tools developed to take advantage ... main Fibonacci-based techniques: retracements, arcs, fans, and time zones to identify potential support and resistance levels.

Will you take a quick profit there and possibly miss out on ... tramline holding), so the correct trade is to buy at the Fibonacci level with a protective stop just below for another low-risk ...

How to use Fibonacci retracement levels in EUR/USD graph First let us take a closer look to the daily forex graph now that we already drew the retracement levels. How cool would it be if EUR/USD ...

Retracement levels also work well over a long-term period. Solid uptrends or downtrends can persist for years. When they peter out, it can take the ... Leonardo Fibonacci was a mathematician ...