Detecting patterns is useful in various fields. Crime scene investigators can pick up on the tiniest clues or repetition or sameness when tracking perpetrators. Doctors and healthcare providers look ...
Triangles are chart patterns that are associated with periods of price consolidation. A triangle is usually a continuation pattern, and the market or stock that forms a triangle will usually continue ...
In March 2011, Phillip CFD conducted a joint seminar with ShareWheel on the basics of technical analysis. Due to popular demand and to bring our clients to the next level, an intermediate technical ...
With examples from Meta, Nvidia and Netflix, see how to spot the three common chart patterns: cup with handle, double bottom and flat base.
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
Mastering the diamond pattern can provide technical forex traders with a significant advantage in predicting currency market reversals and breakouts. This technical analysis formation is characterized ...
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 ...