Fibonacci retracement analysis can work in any time-frame from weekly to minute-by-minute charts. This is down to the fractal nature of markets. I have covered this principle in the glossary.
These are the mathematical support and resistance levels after applying Fibonacci ratios ... effective beyond the retracement ...
The chart below shows the position on the weekly chart, showing the Fibonacci retracement levels from the all-time high in 2008 (marked 'all-time top') to the recent low in June (marked 'low ...
SOL is consolidating near $216.90, testing key Fibonacci resistance. A breakout signals bullish momentum, while rejection ...
On the chart you can see where the market turned multiple times at these levels. The second is Fibonacci retracements and this is what most of this post will be about. There are a few basic rules ...
On the chart you can see where the market turned multiple times at these levels. The second is Fibonacci retracements and this is what most of this post will be about. There are a few basic rules ...
The chart structure suggests two potential scenarios. If the price breaks above $23.69, MARA could enter a new impulsive wave targeting $26.53 (0.786 Fibonacci retracement) and $30.14 (1.0 ...