Fibonacci retracement. Sounds sophisticated? But what does it do? And does it work? Luckily for traders, Fibonacci retracements are far more than just a nifty word. In fact, it's the name of a tool ...
When trading, the numbers on a chart tell a story. It is a story of rhythm, of ebb and flow, of expansion and contraction. This narrative can sometimes be interpreted through a mathematical sequence ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...