Think you need to master dozens of trading patterns to make millions in the stock market? Think again… Throughout my 15 years ...
When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.
Michael Carr is editor of the CMT Association's newsletter, Technically Speaking. He holds CMT Level II Investment Analyst and CRPC certification. Somer G. Anderson is CPA, doctor of accounting, and ...
Stock chart patterns can be a vital tool for investors. They provide an exceptionally detailed level of a stock’s trend lines. This can give a major leg up against the competition. This is why they ...
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 ...
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 ...
When we look at price patterns on a chart, to a great degree, we can think of them as human behavior plotted on a screen. On a price chart, in a muscular uptrend, we can see emotions ranging from ...
You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...