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 ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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 ...
Discover the pioneers of technical analysis who shaped today's investing landscape. Explore their innovative ideas and learn how they impact modern financial strategies.
Technical analysis provides currency traders with an excellent method of finding potentially profitable trades and generating objective trading signals. With technical analysis, forex traders can use ...
When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.
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 ...
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 ...