Lucas Downey is the co-founder of MAPsignals.com, and an Investopedia Academy instructor. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
PI's price is trying to hold above key support levels amid a rounding bottom pattern on the daily chart. The MFI has risen to 67.47, indicating rising buying pressure, which may help PI break above ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
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.
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 ...
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 ...
It takes all kinds to make the stock market go round. From heavy-handed institutional investors to small but increasingly powerful retail traders to closely followed media pundits, there is no ...