A triangle chart pattern is a consolidation pattern that involves an asset price moving within a gradually narrowing range.
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Sometimes a chart or a candlestick pattern may provide a decent entry signal if it is located at a certain level. A pin bar is one of the most reliable and famous candlestick patterns, and when traders see it on the chart, they expect the price to change its direction soon.
Doji candles are rare birds, but if you catch them, it can be a great chance to seize the right entry moment. This article will discuss what a Doji candle is. You will also get a Doji strategy that can bring profit.
Financial markets alternate between periods of decline and growth. They are related not only to the economy, but also to the psychology of investors.
Most (if not all) traders want to rule the market. It would be perfect not to have a single loss, unwise decision, or emotional trade. Unfortunately, it is impossible to forecast every market movement and trade without mistakes.
Have you ever wondered how many wonderful tools did Japanese people invent? QR codes, car navigation, instant noodles, and sushi are just some of the Japanese things we can't imagine our life without.
Both bullish and bearish markets provide traders with a wide range of opportunities. However, to use them correctly, traders must know exactly which market they are trading in.
I wish every asset would be like cryptocurrency, not because crypto can jump 100% a day and immediately after that slump by half of the growth (it is still funny, though).
Learn how to backtest your trading system effectively
Do you remember the growth of Tesla stock in 2020? Or how about GameStop soaring 10 times in mere weeks? This is neither an “organic growth” nor a market manipulation. These events are called “Short squeezes” and I will show you how to find one and earn on it!
Japanese candlesticks serve as a super effective tool for market analysis. Do you know how to interpret them?
Although the market is flat 70% of the time, most of the trading strategies are for trend trading. Thus, most traders use only 30% of the trading potential! If you want to be more productive, pay attention to this strategy.