by Zach | Sep 10, 2024 | Market Definitions
What Is Support? In regards to price action, support is a price level (or price range) that provides opposition against downward movement. It can be created by prior local highs and lows, moving averages and other indicators, or even fundamental factors of an asset....
by Zach | Sep 9, 2024 | Market Definitions
What Is a Trend? A trend is the overall direction of an asset’s price of a period of time. A general increase in price is known as an uptrend while a general decrease in price is known as a downtrend. Trends can cover any amount of price change over any length of...
by Zach | Sep 6, 2024 | Market Definitions
What Is an Downtrend? In trading and investing, a downtrend is a period of sustained price decreases. It is characterized by a period of successive lower highs and lower lows. The uptrend is active as long as price does not begin making higher highs and higher lows....
by Zach | Sep 5, 2024 | Market Definitions
What Is an Uptrend? In trading and investing, an uptrend is a period of sustained price increases. It is characterized by a period of successive higher highs and higher lows. The uptrend is active as long as price does not begin making lower highs and lower lows. As...
by Zach | Sep 4, 2024 | Market Definitions
What Is a Continuation? A continuation is a resumption of trending price action following consolidation. In other words, it is when an uptrend or downtrend continues. They are a fundamental aspect of price action that are present in all markets, and therefore a...
by Zach | Sep 3, 2024 | Market Definitions
What Is a Reversal? A reversal is a change in the direction of an ongoing trend. This could be a shift from an uptrend to a downtrend, or vice versa. They are a fundamental aspect of price action that are present in all markets, and therefore a crucial concept for...
by Zach | Sep 2, 2024 | Candlestick Patterns
Bullish tri-star patterns are a fairly uncommon but easily recognized candlestick pattern. Learning how to read and trade them adds a valuable weapon to your trading arsenal. Most technical analysis is based on Japanese candlestick charts, after all. In this post,...
by Zach | Aug 30, 2024 | Candlestick Patterns
Bearish tri-star candlestick patterns are a fairly uncommon but easily recognized candlestick pattern. Learning how to read and trade them adds a valuable weapon to your trading arsenal. Most technical analysis is based on Japanese candlestick charts, after all. In...
by Zach | Aug 29, 2024 | Candlestick Patterns
Tri-star patterns are a fairly uncommon but easily recognized candlestick pattern. Since candlesticks are the basic building block of most technical analysis, the ability to read the patterns they make is a valuable trading skill. Here, we’ll go over everything you...
by Zach | Aug 28, 2024 | Candlestick Patterns
Bullish three-line strike patterns are a rare but relatively high-performing candlestick pattern. Learning how to read and trade them adds a valuable weapon to your trading arsenal. Most technical analysis is based on Japanese candlestick charts, after all. In this...
