The Flag Pattern

The Flag Pattern

Flags are chart patterns formed by price action, which is shown within a small rectangle or a parallelogram. These are typically small, indicating comparatively small risk and quick profits.

read more
Triangle Patterns

Triangle Patterns

In trading, triangles are categorised under continuation patterns. They are basically horizontal trading patterns.
At the beginning of its formation, the triangle is the widest. Then, as the market continues to trade in a sideways pattern, the point of the triangle is formed as the range of trading narrows. Basically, the triangle depicts losing interest in an issue, both from the buyer’s side and seller’s side. Here, the supply declines to meet the demand.

read more
Elliott Wave Theory (part 1/2)

Elliott Wave Theory (part 1/2)

Here are 2 articles (the other part will come next week), that explain the Elliott Wave Principles that you should know if you want to learn to trade with Elliott Wave Analysis.
Of course, the Elliott Wave Indicator does all the calculation and analysis for you in the back-end, but it is very important to, at least, understand the theory before using such a tool.

read more

Pin It on Pinterest

[index]
[index]