Learn to identify and manage fakeouts in technical analysis. Avoid losses with insights on indicators and strategies to ...
Apple is trading in a rising channel pattern on the daily chart, making higher highs and higher lows. The pattern is considered to be bullish until a stock breaks down from the lower trend line on ...
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
(Kitco News) - Comex December gold futures continue a stair step pattern lower, within a well-defined bear channel pattern. Last week's selling action took the gold market down to a chart support ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
Creating a Forex trading strategy does not have to be a difficult process. Today we will review the basics of trading price channels. Article Summary: Creating a Forex trading strategy does not have ...
The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts, and terminology. But as often happens on the high seas, new traders do ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...