It is often said that chart analysis is both an art and a science. One component of technical analysis includes the study of patterns, which is simply identifying the formations that markets etch on ...
Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend changes in securities' price movements.
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 pattern ...
I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...
Meandering price action in the USD Index (DXY) since October 16, 2018 can be captured on the Daily timeframe using 2 main chart patterns. Price action breaking out eventually from the range provides ...
Technical analysis provides currency traders with an excellent method of finding potentially profitable trades and generating objective trading signals. With technical analysis, forex traders can use ...
The world of technical trading can often feel overwhelming, a blur of lines, candles, and indicators. You might recognize a Head and Shoulders pattern when you see it, but do you have a disciplined ...
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.
Veteran trader Peter Brandt said Ethereum price could "moonshot" to new highs if it can break out of a congestion pattern. Veteran trader Peter Brandt suggests a potential Ethereum rally to ...