Seket Managemen Tarding

The broad part of the candlestick line in Exhibit 1 is called the real body. The real body represents the range between the session's open and close. If the close of the session is above the open then the real body is white. If the real body is black...

SN: The Eastern philosophy of Yin and Yang is at the very base of Japanese Candlestick charting. Yang is bullish and Yin is bearish. The Japanese have a saying that states that when Yang reaches an extreme, we have stillness. The stillness gives rise...

Steve Nison is a busy man. Ever since his first book “Japanese Candlestick Charting Techniques” was published in 1991 he has run his own advisory business, which gives trade recommendations to institutional investors and [[hedge fund]]s. He is also one...

While there are many more Fibonacci retracement levels, the ones that you should use are as follows:
38.2%
By nature of the fact that we are looking for clusters for an entry point, the 38.2% will only be used for the long-term move. E.g. a 38.2% move for the longer term may cluster with the shorter term 50% or 61.8% level....