Bitcoin (BTC) is consolidating within a bull flag pattern and is awaiting its next directional move. Gold (XAU) has shown strength following the CPI release and appears poised for higher prices. The ...
Chart patterns that helped define a roller coaster year in the markets As we approach the end of 2020, one of the most volatile years in recent history for the global population and world economies, a ...
Today I want to build off of a previous article of mine, and elaborate on specific technical analysis patterns. The best technical analysis patterns will not only be relatively easy to spot, but also ...
The stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...
The chart patterns identified are based on established principles of technical analysis and are presented solely for informational purposes. These should not be misconstrued as a recommendation to buy ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
If a picture is worth a thousand words (as the saying goes), then a stock chart is worth thousands of dollars (or more)! Why? Because very often the price action on a chart can form meaningful ...
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Samantha (Sam ...
Michael Harris writes the Price Action Lab Blog and is the author of Fooled By Technical Analysis: The Perils Of Charting, Backtesting And Data Mining. He posts on Twitter about, well, price action.