There are many books on the various chart patterns and candlestick analysis. Most traders use these concepts to trade in the market. It is noteworthy that the majority of the active traders are at the ...
What is a ‘cup and handle’? A ‘cup and handle’ is a chart pattern that can help you predict future price movements. It gets its name from the tea cup shape of the pattern. It is considered one of the ...
A. A chart pattern is a visual representation of price movements. When data is plotted, a pattern naturally occurs and repeats over a period of time. In short, they are geometric shapes found in ...
Chart patterns are the foundation of technical analysis. Much of our understanding of chart patterns can be attributed to the work of Richard Schabacker, Edwards and Magee. The way volume, support and ...
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How to Read a Candlestick Chart: A Simple Guide for Beginners

If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
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 ...