Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...
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 ...
To use Fibonacci extensions, a trader needs three points: the start of a move, the end of that move, and the end of the subsequent retracement. For an uptrend, this would be a swing low, a swing high, ...
Nearby Corn has been trading between 61.8% retracements, first on 2/19/25 and 3/4/25 and then again on 4/11/25 and 4/29/25. You can also see on the chart where every ...