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 ...

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 ...

Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

The SPY is trading in a long-term rising channel pattern and on Wednesday was bouncing up from the lower trend line. The pattern is considered to be bullish unless a stock or ETF breaks down from the ...

One simple pattern can help you easily book winning trades in a trending market. You don’t have to be a professional trader to take advantage of this set-up. You can even use the pattern we're about ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...

Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...

Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...