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technical analysis

Technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data.

Trading with Multiple Techniques: Candlesticks with Oscillators

moving averages

Oscillators in technical analysis include tools as the relative strength index, stochastics, and momentum The Relative Strength Index (RSI) compares price advances to price declines The RSI is a comparison of the relative strength of price advances to price declines over a specified time period. The most popular periods used are 9 and 14 days. […]

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Continuation Patterns in Western Technical Analysis

Continuation patterns take a shorter time to build Many continuation patterns imply a time of rest before the market resumes its prior trend. In other words, these patterns indicate that the sideways price movement on the chart is just a pause in the prior trend and the next movement will be the continuation of the […]

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The Significance of the Number 3 in Technical Analysis

It is remarkable how often the number 3 shows up in technical analysis In many trading approaches, it plays such an important role. For example: some of the more commonly known reversal patterns, such as the triple top and the head and shoulders (see further), have 3 prominent peaks there are 3 different classifications of […]

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More Technical Analysis Tools to Trade the Market

In our last article, we explained about trends, support and resistance levels and trendlines. An additional trendline technique makes use of channel lines. Drawing channel lines In an uptrend, first draw the basic up trendline along the lows as shown in the figure below (points 1, 3, 5). Then draw a dotted line parallel to […]

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Introductory Course on Trend Analysis

Trend Analysis tools to become a successful trader. People`s interest in cryptocurrencies is enormous these days. But investing in crypto coins is a risky business. Prices tend to go up and down in a short time frame, so for anybody who wants to step into this highly volatile market, it is best to rule out […]

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