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He utilizes the Fibonacci retracement tool for determining entry and exit points. He emphasizes the importance of understanding market drivers and the cyclical nature of commodities.
The Fibonacci channel is a variation of the Fibonacci retracement tool, with support and resistance lines run diagonally rather than horizontally.
Traders use technical indicators to gain insight into the supply and demand of securities. Here, we look at seven such ...
Stock Market on Feb. 25, 2025: Dow ends up 160 points, S&P 500, Nasdaq slide for 4th straight day on tariff fears, weak consumer confidence; bitcoin below $90K Last Updated: 5 months ago ...