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 ...
Day and swing traders don’t have long time horizons when it comes to picking stocks. In order to have a better idea of stock movement, many traders look for breakout chart patterns. Swing and day ...
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 ...
Technical traders have long searched for distinctive shapes in stock-price charts in order to predict returns. As artificial intelligence systems become better and better at recognizing visual ...
The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...
Here are seven of the best books written on technical analysis to help traders and investors understand and apply technical analysis.
Veteran trader Peter Brandt said Ethereum price could "moonshot" to new highs if it can break out of a congestion pattern. Veteran trader Peter Brandt suggests a potential Ethereum rally to ...
Aster has broken below its rising wedge, a classic bearish reversal pattern, with selling volume accelerating. Technical targets point to $1.50 as first support, with a deeper pullback toward $1.22 ...
The rally to new highs, followed by a sharp intraday reversal to close lower, could have some chart watchers believing a top has been hit A "bearish engulfing" pattern popped up in Opendoor's stock ...