Among the various charting options, candlestick is by far the most commonly used and favourite chart type in use. Little wonder then that candlestick type of charting has been in use since the 17th ...
Detecting patterns is useful in various fields. Crime scene investigators can pick up on the tiniest clues or repetition or sameness when tracking perpetrators. Doctors and healthcare providers look ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
One of the biggest drivers of stock prices is human emotions, particularly fear and greed. Investors typically exhibit predictable emotions when a stock price moves up and down, and these emotions can ...
The S&P 500's daily chart shows a bearish pattern that became active when price broke the lower bound of the formation at the 1094 area. This "flag" pattern, shown in yellow below, would become ...
When you want to know how a stock has performed over a certain period of time, one of the quickest ways to gauge its behavior is to look at a stock chart. And while there are several types of visual ...
The primary wave count on the daily Usd/cad chart is showing early stages of a huge uptrend, since the 1.0205 lows were reached. We are looking for a completed black wave II at 1.0223, followed by a ...
The Harami candlestick pattern is frequently used inforex tradingto identifytrend reversalsor extensions. Technical traders respect the indications produced by the Harami candle which makes this ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...