Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.
A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. CrowdStrike shares are likely to remain in focus after surging more than 9% Tuesday ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gold prices climbed to set a new record high on Tuesday as investors move into the precious ...
If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...
Some traders want to be the first to join the crowd when a stock in the market is on the verge of making a huge move. Trading breakout stocks captivates the attention of most rookie traders for its ...
Is This Currency Overvalued? Purchasing Power Parity (PPP) and Long-Term FX Valuation A US court ruling that limited Trump’s tariff powers triggered a surge in gold and silver prices. Loose financial ...
Because there is still a considerable gap with the 200-day, it means that there is room for gold's price to break down from the rectangle and correct back. The accumulation line has continued to trend ...
Indian stock market benchmarks—the Sensex and the Nifty 50—closed lower on Thursday, 17 July, amid profit booking in select heavyweights including Infosys, HDFC Bank, and Reliance Industries. The ...