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 ...
Classic sell signal points to significant downside. Charles Dow identified the head & shoulders pattern 100 years ago. Valuations at levels beyond almost any fundamental defense. Nvidia’s daily chart ...
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 ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
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 ...
In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...