A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
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 ...
A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...
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 ...
Identify head and shoulders pattern to foresee market reversals. Check neckline's shape for pattern strength before investing. Use pattern with other analysis methods for robust decisions. A head and ...
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.
Although stock market analysts and advisors can often provide investors with strong trading signals, one of the most reliable methods for early identification of a bull market in stocks is the ...