As its name suggests, the Cup with Handle pattern visually resembles a teacup when plotted on a chart. This formation is a Bullish continuation pattern, indicating that an existing upward...
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As time passes, the price movements in Broadening Patterns gradually expand, forming a shape similar to a megaphone when viewed on a chart. Price movements can diverge when the market becomes more...
What are Momentum Indicators For? Momentum indicators can measure the speed and strength of price movements over a specific time frame and determine Overbought and Oversold conditions. Their...
Regarding Forex trading, horizontal support and resistance can help predict reversals. These levels act like "walls" that prices have difficulty moving beyond. Recognizing these walls...
Have you ever wondered why Momentum usually moves with price until it doesn’t? And when it doesn’t, what does that mean? What's "Momentum divergence?" In this article, I’ll share this...
The Golden Cross is a simple technical analysis application made famous by the financial media. It involves two moving averages - one 50-period short-term and one 200-period long-term - crossing...