Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is used in technical ...
Chart patterns that helped define a roller coaster year in the markets As we approach the end of 2020, one of the most volatile years in recent history for the global population and world economies, a ...
How and Why to Invest in ETFs: Demystifying the Vehicle Taking Markets by Storm WTI crude oil (CL) advanced after the release of gasoline inventory data. Natural gas (NG) has started to correct lower ...
Today I want to build off of a previous article of mine, and elaborate on specific technical analysis patterns. The best technical analysis patterns will not only be relatively easy to spot, but also ...
Bitcoin (BTC) is consolidating within a bull flag pattern and is awaiting its next directional move. Gold (XAU) has shown strength following the CPI release and appears poised for higher prices. The ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Technical analysis is the process of examining a stock or security’s price movements, trading volume, and trends to determine how or when to trade it and predict its price movements. There are plenty ...
The stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...
Lately, we've been looking at the S&P 500 from a daily perspective; making note of the basing price action taking on the shape of a continuation-style inverse head-and-shoulders pattern. The ...
Michael Harris writes the Price Action Lab Blog and is the author of Fooled By Technical Analysis: The Perils Of Charting, Backtesting And Data Mining. He posts on Twitter about, well, price action.