Apple is trading in a rising channel pattern on the daily chart, making higher highs and higher lows. The pattern is considered to be bullish until a stock breaks down from the lower trend line on ...
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
On Wednesday, Ethereum Classic was trading on lower-than-average volume, indicating a low amount of interest in the crypto. If big bullish volume comes back in to break Ethereum Classic up from the ...
Creating a Forex trading strategy does not have to be a difficult. Today we will review the basics of spotting and trading price channels. Article Summary: Creating a Forex trading strategy does not ...
You can violate the pattern day trader (PDT) rules without realizing it. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. For active ...
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 ...
Last year in crypto will be remembered for many things, but one notable trend — particularly late in the year — was the selloffs that occurred nearly every day during U.S. trading hours. It's not much ...