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Basic chart patterns: part twoRectangles Similar to symmetrical triangles, these are continuation patterns that mark a consolidation period in the current trend before the price continues to move ...
To trade chart patterns effectively, you need to follow some basic guidelines. First, you need to identify the pattern correctly and measure its size and duration.
The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts ...
Basic chart patterns: part oneThe neckline is formed between the two troughs on either side of the head. If the neckline's sloping down that's an even better indication of a reversal. You can ...