Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The key Fibonacci percentages help traders identify support and resistance levels As new traders flood the market, a return to the basics may help novices understand the fundamentals of options ...
In an uptrend, traders draw the Fibonacci levels from a significant swing low to a subsequent swing high. The resulting retracement levels below the high are often viewed as potential support zones ...