The stop would be placed at $104 just below the right shoulder in the above chart after the trade was taken. The profit target for the pattern is the price difference between the head and the low ...

Remember that no chart pattern guarantees a successful trade, so proper risk management and confirming analysis should generally be used as well. By studying and understanding these useful day ...

The goal of technical analysis is to identify particular chart patterns that are thought to indicate directional trends or can predict price movements. The main components of a stock chart are the ...

Using Bullish Candlestick Patterns To Buy Stocks Gauging the Strength of a Market Move Stochastics: An Accurate Buy and Sell Indicator Candlestick charts are a cornerstone in technical analysis ...

If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already ...

This allows them to filter exchange rate moves, identify clear support and resistance levels and even trade specific patterns. Like the tick chart, this type of chart does not have consistent time ...

The gold price chart indicates an ascending channel, suggesting a bullish trend. The price action remains within the channel, ...

Stock charts help traders measure the movement and momentum of a stock's up and down trading patterns. Reading stock charts can give you key insights into a company's perceived value. Key ...