The Australian dollar may be preparing to resume the down trend against its US namesake after producing a bearish Three Inside Down candlestick pattern. Near-term support is at 0.7715, the 23.6% ...
The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...
Momentum trading is all about capitalizing on a directional burst in the market, in other words, buying strength in an uptrend and selling weakness in a downtrend. This contrasts with range trading ...
Trading success often depends on whether or not one can pinpoint potentially profitable assets before sharp price movement. This is particularly evident in crypto, where high volatility is the norm.
In our last Price Action article, we looked at trading Bearish Reversals in the Forex Market. In this article, we’re going to go over some of their bullish-counterparts, with specific focus on the ...
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