Stock chart patterns can be easily read once you gain experience in the market. It’s all about spotting the opportunity as it arises. Technical analysts look for price patterns, and you can ...

The high of the formation in figure 1 is $17.20 and low between the head and right shoulder is $16.24, therefore the height is $0.96. The height is subtracted from the low point of the formation ...

While triangles can provide valuable information about potential market trends and give clear trade entry and exit points, you would probably want to avoid relying solely on triangle patterns to ...

Learn how to identify and trade key chart patterns like head & shoulders, triangles, and flags. Gain confidence with pattern-based setups, confirmations, and risk management strategies.

A head and shoulders pattern on a stock chart includes three peaks with the middle being the highest. It’s been a reliable indicator of a coming bull-to-bear reversal. Learn more.

Some chart patterns provide such early entries. Seek out such entry points by drawing a downward-sloping trend line across the high points in a base. Start at the left-side high and touch at least ...

Forex entry strategy #2 Candlestick patterns Candlestick patterns are powerful tools used by traders to look for entry points and signals for forex. Patterns such as the engulfing and the shooting ...

Looking at the chart below, you can see that the 50-day moving average and dotted trendline have consistently provided traders with lucrative entry points.

In this scenario, you can have your buy stop entry around $21.5, with partial targets at $22.53 and $24.16, around the R3 and R4 pivot points, respectively. (Disclaimers: this is not investment ...