Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
Chart patterns are the foundation of technical analysis. Much of our understanding of chart patterns can be attributed to the work of Richard Schabacker, Edwards and Magee. The way volume, support and ...
GBP/USD made a new higher high that hit the 1.3750 target as expected in my EU-GU video. But the uptrend seems to be struggling due to the reversal chart patterns. The GBP/USD made a new higher high ...
Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
With markets touching new peaks, interest in guessing the next move of the indices and individual stocks is running high. Will an index ,or a stock, continue its current trend? Or will it reverse?
Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
(MENAFN- Daily Forex) When it comes to trading, understanding Forex chart patterns can be the difference between being a gambler and putting the odds in one's favor. Developing the skill to recognize ...
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...
In trading, timing is the ultimate challenge. How many times have you entered a position only to see the trend immediately reverse, leading to an unexpected loss? The secret to successful timing lies ...
The most profitable moments in the financial markets often occur not during a trend’s powerful run, but at the crucial point where one trend collapses and a new one begins. This is the inflection ...