As we've seen, when a market hits significant support or resistance, it tends to either bounce off or break through (apart from fakeouts, of course). Clearly, if you could forecast when the market was ...
Candlestick patterns are widely used in technical analysis to predict future price movements in financial markets. By analyzing the shape and formation of candlesticks, traders and investors can gain ...
If you want to get better at reading charts, you have to understand candlestick patterns. They’re the real-time story of who’s winning the battle — buyers or sellers — and they can give you some of ...
In this section we'll look at four more patterns that are commonly identified by technical analysts. These occur when a market price starts to converge towards a single point. How the triangle is ...