In technical analysis, candlestick patterns are a combination of one or more candlesticks. The pattern forms over short time periods. Candlestick pattern versus chart pattern The following chart shows ...
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 ...
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...
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 ...