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 ...
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 ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP A US court ruling that limited Trump’s tariff powers triggered a surge in gold and silver prices. Loose financial conditions, ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Amazon shares will remain in focus after the e-commerce and logistics behemoth crossed the ...
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 ...