Technical Analysis

Your Guide to Understanding Technical Analysis

Technical analysis is a trading course used to assess investments and pinpoint trading prospects by assessing statistical trends such as price changes collected from trading activities. Technical analysts believe historical trading activity and security price variations can be prized indicators of the security’s potential price changes. However, technical analysis can be confused with fundamental analysis, […]

Continue Reading
News Technical Analysis

How You Can Use Fibonacci Retracement with Trendlines

The Fibonacci retracement is defined as a technical indicator that identifies support and resistance levels. It has retracement levels of 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, and 100%. The Fibonacci retracements, unlike other indicators, cannot generate buy and sell signals directly. They instead act as guides alongside other indicators to make sound trading decisions. On […]

Continue Reading
Back To Top