Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend changes in securities' price movements.
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
The world of technical trading can often feel overwhelming, a blur of lines, candles, and indicators. You might recognize a Head and Shoulders pattern when you see it, but do you have a disciplined ...
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 ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Classic sell signal points to significant downside. Charles Dow identified the head & shoulders pattern 100 years ago. Valuations at levels beyond almost any fundamental defense. Nvidia’s daily chart ...
The stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...
There's a little known joke among the trading community that goes like this: "A trader walks into a bar... pattern: 'Ouch!' " Fact is, if you don't know what you're doing, price bar analysis can be a ...