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in piercing pattern volume may increase but its not mandatory that it has to increase
Axis with precise marking
Fibonacci retracements is potential retracements of financial assets original move in prices. Fibonacci retracements uses horizontal lines to identify support or resistance. these levels are created by drawing two trend line to two extreme and dividing the vertical distance by the key Fibonacci retracement.
Fibonacci series is the sequence of numbers which are obtained by adding the previous two numbers. the ratio of these numbers are 1.168
it helps to identify the strength of the trend, and appears due to difference in the range. the four types of gap are
area gap, breakout gap, runaway gap, exhaustion gap
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