How to Use the Relative Strength Index (RSI) when Trading
The Relative Strength Index (RSI) is a tool used to gauge the momentum of price movements. It operates on a scale from zero to 100, indicating the speed and extent
The Elliott Wave Principle: A Guide to Understanding How Markets Work
Elliott Wave Principle is the famous rule of thumb developed by Ralph Nelson Elliott in the 1930s when he discovered that stock market prices tend to reverse in recognizable patterns.
Why You Need to Know About Japanese Candlestick Patterns in Trading
Stock trading is fun, captivating, and worth the money when you do it right. Therefore, you need to understand the intricacies of the technicality in trading. It translates to knowing
17 Stock Chart Patterns All Traders Should Know
Technical analysis is one of the best tools traders can use to spot shifts within the market, allowing them to predict support and resistance levels within a predictable timeframe. There are
How the Triple Bottom Reversal Pattern Works
The triple bottom reversal pattern has three roughly equal lows and indicates an opportunity to take a bullish position. Before the triple bottom occurs, the bears are usually in control
How the Triple Top Reversal Pattern Works
The triple top is a reversal chart pattern featuring three peaks at the same level, making it different from the head and shoulders, which has a more towering middle peak
How the Price Channel Pattern Works
Used by traders for technical analysis-based trading, a price channel is a continuation pattern in which the price bounces between parallel resistance and support lines. The resistance and support lines
How the Rounding Bottom Pattern Works
Rounding bottom pattern sometimes knows as a “saucer bottom” pattern, is known for being able to predict long term upward trend. Very similar to the cup and handle pattern, only
How the Inverse Head and Shoulders Pattern Works
Another trend reversal chart is the inverse head and shoulders, also known as a head and shoulders bottom stock chart pattern. This technical analysis indicator is similar to the standard