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 ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
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 ...
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 ...
Now that you’ve got a grasp on how to build a strong portfolio with asset allocation and diversification, let’s explore a different approach some investors use to time the market: technical analysis.
Cup and handles, head and shoulders, wedges, triangles, pennants, flags, and doubles tops, oh my! Unless you’re familiar with technical analysis, these may sound like a new line of decorative ...
It takes all kinds to make the stock market go round. From heavy-handed institutional investors to small but increasingly powerful retail traders to closely followed media pundits, there is no ...
XRP’s (XRP) price may reach $2.80 by month’s end, according to several bullish technical setups on multiple time frames. Key ...