What is Trend Reversal? A trend reversal occurs when the direction of a stock (or any financial trading instrument) changes and moves back in the opposite direction. Up trends that reverse into downtrends and downtrends that reverse into up trends are examples...
Candlestick patterns are special on-chart candle formations, which hint at potential price outcomes. They can be found on the chart of any financial instrument – Forex, Stocks, Commodities, Indices, etc. Therefore, traders carefully follow every candle on the chart...
Technical traders rely heavily on the use of charts in order to make trading decisions. While there are many ways to analyze price action, utilizing chart patterns is one of the most popular ways. Chart patterns can be used to analyze the psychology of the market,...
