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 ...
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...
A downtrend has been apparent in Fabrinet (FN) lately. While the stock has lost 8.1% over the past four weeks, it could ...
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...
Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
Ethereum has returned to a major support zone near $3,000 after forming another large inverse head-and-shoulders structure, ...
The most profitable moments in the financial markets often occur not during a trend’s powerful run, but at the crucial point where one trend collapses and a new one begins. This is the inflection ...
Recent moves in the S&P 500 index have at least one chart expert seeing a bearish technical pattern. Northman Trader is seeing what most analysts describe as a head-and-shoulders formation in the S&P ...