The down swings (highlighted in blue) since 10 February 2022 were getting shorter in terms of the magnitude, which was a sign of exhaustion of selling. The high consistent of the supply as shown in ...
The short-stroke and three-weeks-tight patterns offer shareholders a chance to buy more shares. Aggressive traders may use either to initiate a position. Both formations indicate a pause in a stock's ...
Now continuing with the Short term patterns we will be discussing about Volatility patterns. There are mainly two types of patterns, NR 4 pattern (NR means = Narrow Range) which will be the narrowest ...
Just like the English alphabet is to human education, the candlestick chart is to Technical analysis Candlestick is one of the most important and widely used charts by technical analysts and day ...