News

Crude oil holds a bullish posture despite near-term consolidation, as rising support and Fibonacci targets point to a ...
ABCD pattern trading is the simplest of all market patterns to recognize, and it’s the basis for other patterns. The reason is that it’s rooted in the Fibonacci sequence – a process that involves ...
Dogecoin forms a bullish ABCD pattern, signaling a possible 9% rally to $0.2726. Technicals and growing investor interest ...
In contrast, for a bearish three drives pattern, you would typically seek to enter a short position when the price reaches the completion of the third drive near the 1.272 Fibonacci extension of B ...
"For example, on a recent chart, we identified a Fibonacci retracement area near $495.36, and we were able to take the trade well up into the $510 area to complete an up wave ABCD pattern.
The D point of the ABCD pattern should align with the Fibonacci extension levels of the pattern’s initial AB leg. It acts as a potential profit-taking and pattern-completion target from which a ...
The 78.6% Fibonacci retracement is at $68.79 and a rising ABCD pattern points to $68.98. There is also the potential for higher targets as there are two potential bullish patterns that could trigger.
In fact, these ratios serve to create the butterfly pattern and the thresholds for trading. Point D in the pattern is the Potential Reversal Zone, where traders can use the Fibonacci ratios to enter a ...
If that happens, natural gas will be on track to reach the completion of an ABCD pattern at 2.58. That price target is part of a larger potential resistance zone up to 2.62, the 61.8% Fibonacci ...
A 38.2% Fibonacci retracement completed at 2.60 today, while the next support area to watch is the 50% retracement at 2.51, followed by the 61.8% retracement at 2.42.
Fibonacci need not be difficult! This month fund manager and trading coach Andrei Pehar will share his popular ABCD pattern, which can easily be used to trade news ...