A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...
Today I want to build off of a previous article of mine, and elaborate on specific technical analysis patterns. The best technical analysis patterns will not only be relatively easy to spot, but also ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
Stock candlestick patterns provide valuable insights into a stock’s supply and demand dynamics, giving traders and investors a bird's-eye view of current market sentiment. Some traders may use ...
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 ...
Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...
GBPCHF has formed a rectangle in the four-hour chart that is part of a broader upward pattern started from an 8-year low of 1.1670 in August. The flattening RSI and the muted MACD provide no clue that ...
Gold prices are trading higher late in the session on Friday after posting a wild two-sided trade throughout the session. The U.S. Dollar is trading higher, stocks are trading mixed to higher, and U.S ...
Ethereum price has formed a rare bullish pattern that could trigger a bullish breakout in the coming weeks. After months of falling, ETH has bounced back to $1,770, up from this month’s low of $1,410.