Price action trading can be a useful technical analysis method that can help you better predict the market and help anticipate potential entry and exit points. Here’s a brief introduction to price ...
When traders open a chart for the first time, they will likely see a few indicators. Yet, as traders start learning more, they believe that more indicators will help in the process. Eventually, they ...
One of the challenging aspects to active trading is the “information overload” that many traders face, by using overly complicated technical indicators. In this series of articles we’ll focus on how ...
In the first article of this series, we looked at price action patterns using daily trading ranges and single trend breakout entry signals. This time, we’ll be taking a closer look at the “mechanics” ...
For many investors and traders, looking at a stock chart means navigating a confusing array of lines, squiggles, and colorful technical indicators like the RSI, MACD, or Stochastic Oscillator. These ...
Recently, charts that depict similarities of the price action this year to that of 2008 have emerged. Calls of an imminent stock market crash are based on price action patterns matching. It is ...
Bitcoin has been pulling back this week following a test of the 50-Day MA on Monday with a high of 65,523. That advance broke out of a prior descending bullish wedge and expanded the top boundary line ...
If you're an average investor the odds are everything you think you know about trading stocks is wrong. Most investors believe stock prices are the result of some mixture of financial ratios, ...
Since 2021, 78% of Bitcoin's bullish engulfing patterns have led to new local highs, especially within broader uptrends. Bitcoin has absorbed over $544 billion in capital since November 2022, pushing ...
Bitcoin's (BTC) recovery looks to have run out of steam with an emergence of a double top bearish reversal pattern on the short duration price charts. BTC peaked near $87,400 last week, with prices ...
XRP futures' open interest has dropped sharply in the past five days, creating downside prospects for XRP price and a potential retest of the important $2 level. XRP could be headed down to $2 ...