Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...
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 ...
The series of higher-bottoms and higher-tops are helping to give the February Comex gold market an upside bias, and the elongated rectangular pattern inside a triangle chart pattern are signs of ...
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...
Swing trading is a popular trading style that aims to capture short- to medium-term gains in a stock or any financial instrument over a few days to several weeks. One of the key components of ...
Life is full of patterns, and those who recognize them will quickly find themselves ahead of the pack—especially when it comes to a pattern trading strategy for securities. As the name implies, a ...