If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...
Technical analysis plays a vital role in helping many forex traders identify potential trading opportunities. A classic chart pattern that currency traders frequently encounter on exchange rate charts ...
The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance ...
Goverdhan Gajjala is a pattern day trader who takes quick positions on breakouts. He mainly trades small-cap stocks with low floats and high violability. One pattern he plays is what he calls a ...
The Shooting Star candlestick pattern - sometimes referred to as the Falling Hammer - is a key bearish reversal signal in crypto trading. It forms after an uptrend and warns that buyers are losing ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to identify market indecision.
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...