Perhaps the single greatest mistake that investors make is the idea that trading is a purely technical practice, one driven exclusively by the logic of numbers. But the truth is that traders work on ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Michael Logan is an experienced writer, producer, and editorial leader. As a ...
Candlestick charts are a prominent and helpful tool in the Forex Market Open and closing prices will determine a candles body and wicks. Multiple candles may develop patterns useful in trading. The ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
BTC's "three-line break chart" suggests a bullish resolution of the seven-month-long corrective trend and scope for a move to record highs. Candlesticks indicate stiff resistance at around $70,000.
A candlestick depicts the battle between Bulls (buyers) and Bears (sellers) over a given period of time. All known information is reflected in the price. The relationship between the open and close is ...
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