It is often said that chart analysis is both an art and a science. One component of technical analysis includes the study of patterns, which is simply identifying the formations that markets etch on ...
The head and shoulders chart pattern is popular and easy to spot when traders know what they're watching for. It's one of the ...
Michael Harris writes the Price Action Lab Blog and is the author of Fooled By Technical Analysis: The Perils Of Charting, Backtesting And Data Mining. He posts on Twitter about, well, price action.
Here are seven of the best books written on technical analysis to help traders and investors understand and apply technical analysis.
Meandering price action in the USD Index (DXY) since October 16, 2018 can be captured on the Daily timeframe using 2 main chart patterns. Price action breaking out eventually from the range provides ...
I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...
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 ...
Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
Peter Brandt warns Bitcoin may have topped, citing a 1970s soybean pattern and forecasting a drop to $60k. Another analyst ...
A big part of a trader's success is the ability to technically analyze assets. In this article, you’ll learn what technical analysis is and how you can use it to identify new trading opportunities.
Meta has developed a triangle pattern on the daily chart, making a series of lower highs and higher lows. The stock is set to meet the apex of the pattern on Jan. 5. Get the strategy to turn September ...