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 ...

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, ...

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 ...

NZDUSD gets rejected after claiming 50-day SMA. But the decline meets strong support at 200-day SMA. Oscillators remain in their negative territories. Stefanos joined XM as a Junior Investment Analyst ...

The stock market is a constant tug of war between buyers and sellers. When this tension finally breaks, the resulting surge of momentum can lead to some of the most profitable and exciting trades an ...

USD/CAD may test its immediate support at the psychological level of 1.4250. The bearish bias may diminish if the pair rises back to the rectangular pattern. The pair could approach the primary ...

Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...

The Bitcoin market continues to see a lot of sideways action, as we are waiting for the next fundamental reason for the market to rally. The Bitcoin market has pulled back just a bit during the early ...