Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
Head and shoulders pattern trading can be a great way to predict and capitalize on the end of a trend and an impending price reversal. A trend reversal formation, head and shoulders patterns are easy ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its characteristics and how it can affect your trading strategy.
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
Midrange reversal trades, also known as “1-2-3” setups, are one of the more consistent patterns that intraday and swing traders can use when entering new positions. Understanding how to trade ...
Advanced Micro Devices, Inc AMD and GameStop Corporation GME have created double bottom and triple bottom patterns on the daily chart. A double bottom pattern is a reversal indicator that shows a ...
Alibaba Group Holding Limited BABA is down over 40% from its October 2020 all-time high of $319.32. China-based stocks have taken a beating from the Chinese government, which continues to crack down ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...