A Broadening Triangle is a relatively rare triangle pattern which occurs when there is a lot of volatility in a security. It is formed when the prices forge higher highs and lower lows consecutively. Table of Contents What is Broadening...
Bestowed with catchy names these Doji candlestick patterns have important messages to deliver. Before we get into specifications, let’s understand what is a Doji. DOJI A Doji is a candlestick with no real body. Also Read: All you need to know about...
What is a Symmetrical Triangle? Symmetrical Triangle A symmetrical triangle is a technical chart pattern, formed by the fluctuations in price movements. The upper and the lower bounding lines converge to finally cross each other at the ‘Apex’. A...
An outside day is a particular trading day when the high is higher than the previous high and the low is lower than the previous low. The trading range exceeds the range of the previous day on both the upper...
Candlestick charts are a very useful tool for analyzing trader’s psychology and undercurrents in price momentum. Every aspect of a candlestick plays a role, may it be the color of the body, the length of the wick/tail, and size of...
Key Takeaways: RSI indicator (Relative Strength Index) is a technical analysis indicator used to measure the change in price momentum. Above 70 the stock is considered to be overbought and below 30, the stock is considered to be oversold. RSI...
Technical analysis is a vast and diverse field of analysis. It has many tools that make it a successful method to analyze stock markets. The Fibonacci series is one such tool which has stood its test of time. It is...
If you have been studying and practicing technical analysis for a while now or you are a trader, you must have heard or seen the name of W.D. Gann and his theory for trading. Even your list of indicators will...
The Gravestone Doji is a candlestick pattern that shows the opening and closing of the candle at the low of the day and is quite bearish. It is typically seen at the end of an advance where the upper shadow...
Technical analysis is a method of analysis of financial instruments with the use of price data and statistical tools. It tries to determine the future trend and movement of the price with the help past market data. Just like fundamental...
A doji is a trading day where the opening and close of the trading session is close to each other. It forms when the open and close of the candle is virtually equal. The length of the upper wick and...
Table of Contents What is Marubozu Pattern? Marubozu Pattern Formation Bottomline What is Marubozu Pattern ? The term Marubozu pattern can be translated into Japanese as “Close-Cropped” or “Shaven-Head”. It is a type of candle-stick pattern which has no upper...
