Detecting patterns is useful in various fields. Crime scene investigators can pick up on the tiniest clues or repetition or sameness when tracking perpetrators. Doctors and healthcare providers look ...
Triangles are chart patterns that are associated with periods of price consolidation. A triangle is usually a continuation pattern, and the market or stock that forms a triangle will usually continue ...
With examples from Meta, Nvidia and Netflix, see how to spot the three common chart patterns: cup with handle, double bottom and flat base.
Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick, you ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
In March 2011, Phillip CFD conducted a joint seminar with ShareWheel on the basics of technical analysis. Due to popular demand and to bring our clients to the next level, an intermediate technical ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is used in technical ...