The goal of technical analysis is to identify particular chart patterns that are thought to indicate directional trends or can predict price movements. The main components of a stock chart are the ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart ...
Recognizing the emergence of a Head & Shoulders pattern in a price chart can assist investors in their trading decisions. This is a type of Technical Analysis. Investors may use a Head & Shoulders ...
Over time, the candlesticks group into recognizable patterns that investors can use to make buying and selling decisions. Candlestick charts are useful for technical day traders to identify ...
Bitcoin 4-Hour Chart – Descending Channel Pattern The 4-hour chart shows a ... the forex and precious metals markets. He employs his technical background to challenge the prevalent assumptions ...
The bearish control on the market continues. With Trump victory many were willing to call for end of bad times but the ...
You will feel like you are zooming out of the price action as you increase the time period of your candlestick chart. Candlestick patterns are important tools in technical analysis. Traders use ...
Crude oil prices have resumed a downward trend, forming bearish technical patterns. Chinese demand trends further reinforce ...