This narrative can sometimes be interpreted through a mathematical sequence introduced to the West in the 13th century by the Italian mathematician Leonardo of Pisa, also known as Fibonacci. YWO ...

Fibonacci fans are very similar in concept to Fibonacci retracements and in many ways they are used the same way. Both are effective tools for identifying support and resistance levels, entries and ...

[B]Do you have the time?[/B] Fibonacci analysis can be enhanced by using time projections. Fibonacci time forecasts are applied to a chart like other Fibonacci studies, and work best when combined ...

FOREX Observations: “The GBPUSD traded significantly higher but faces resistance from a short term trendline (weak), 61.8% retracement and 10/17 high at 16157/77 (significant) and possibly 16227. The ...

Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...