Chart patterns reveal trader psychology and can signal trend continuation, reversal, or market indecision—specially when combined with volume and time frame analysis. Effective trading strategies ...
In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, 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 pattern ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
The chart patterns identified are based on established principles of technical analysis and are presented solely for informational purposes. These should not be misconstrued as a recommendation to buy ...
The stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...