In a downtrend, traders wait for a throwback (opposite of a pullback) toward a Fibonacci resistance level and confirm bearish momentum before entering short trades. To manage risk, traders place ...

Percentage-retracement levels are yet another technical indicator useful in defining short ... The simplest and most reliable retracement level is 50%. For example, if shares of XYZ rallied ...

Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci ... as that level, along with the 50% and 61.8 ...