Triple Bottom Pattern
In technical analysis the triple bottom pattern can be a possible signal for a reversal higher in price. This pattern is formed when price action finds support inside a price…
Helping Traders Thrive
In technical analysis the triple bottom pattern can be a possible signal for a reversal higher in price. This pattern is formed when price action finds support inside a price…
RSI Divergence Cheat Sheet Bullish RSI Divergence A bullish RSI divergence pattern is defined on a chart when price makes new lower lows but the RSI technical indicator doesn’t make…
This is a guest post by Jeremy Wagner, CEWA-M @JWagnerFXTrader on twitter, Certified Elliott Wave Analyst-Master. His website is seethewaves.com. Getting Started with Elliott Wave Theory (Part 1) Elliott Wave Theory…
Technical analysis is a method for analyzing price action on a chart to forecast the probability of the future direction of momentum for trading the financial markets. Technical analysts quantify…
Website Articles Table of Contents with Links: What is Technical Analysis? Does Technical Analysis Work? What causes a Chart Pattern? How to Draw Trendlines on a Chart Bullish Pennant pattern…
A gap in stocks is when a chart skips over levels of prices and starts trading higher or lower than the last candle without a direct path through all previous…
A consolidating stock is one that forms a trading range on its chart. A stock under consolidation will have defined resistance above price action and support below that acts as…
What is a bear trap? Bear trap stocks are ones that have already fallen a lot in price and traders continue to sell it short believing it will continue to…
A gap in price on a chart shows that there were no buyers and sellers connecting at price levels from a closing level to the next opening level. Gaps happen…
Awesome Oscillator was developed by Bill Williams. The Awesome Oscillator (AO) is a non-limiting oscillator used in technical analysis. It quantifies the weakness or the strength of price on a…