Fibonacci Expansions and Extensions can be great leading indicator of price targets once a Retracement level is honored. Deciding which tool to use is a personal choice for price targets as both ...

Once the Fibonacci channel has been identified, the diagonal lines indicate future areas of support and resistance. Traders can choose which highs and lows to use when drawing the channel ...

Each line is spaced a Fibonacci number of periods apart (1, 2, 3, 5, 8, 13, etc.), which is useful for any time frame (minutes, hours, days, weeks, etc.). Fans are diagonal lines drawn using ...

Fibonacci resistance levels define key reaction ... from current levels could initiate wave (v), competing with the leading diagonal. This level also intersects with the descending trendline ...

so I really hoping that my Fibonacci levels will hold, which are showing me strong resistance levels from 106,15 – 106,40. If this target will be reached, then we could see break down from a leading ...

Beyond trading in the direction of the dominant trend there are a few tools that you can use to help you find specific entry and exit targets. What Are Fibonacci Numbers? In short, Fibonacci ...