Spotting, Entering, and Setting Profit Targets on a Cup and Handle Pattern Chart patterns occur when the price of an asset moves in a way that resembles a common shape….
Category: Day Trading
The head and shoulders pattern is a technical formation that indicates a trend reversal is underway. For traders, it is an extremely useful pattern. Whether they are looking for potential…
Understanding The GameStop Shorting and Short Squeeze In Layman Example In Under 5 Minutes Typically when we invest in stocks, we would buy now and hold on to them until…
Double tops and double bottoms are one of our favorite trading patterns. They offer reliable trade signals. They can be combined with other trading tools and charting concepts to form…
Some Simple Trading Order Types are Market, Limit, Stop, and If-Touched All trades consist of at least two orders to make a complete trade: One person places an order to…
What Is a Megaphone Pattern & How to Identify These Patterns? A megaphone pattern consists of a bunch of candlesticks that form a big sloping megaphone shaped pattern. This can…
Bearish pennants and bullish pennants can indicate that major price action is on the cards – so understanding them is crucial for any technical trader. Here’s an introduction to how…
Some of the best financial advice I can give you is, if you’re new to trading and haven’t yet used a paper trading simulator, now is the time. I recommend…
One day someone had told me that one cannot trade based on Support and Resistance levels. But this is not true at all. One can definitely trade using it. Support…