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...
Dow Theory defines the rhythm of the market, he who has the eye to see it, and the mind to understand can also learn to play it successfully. Charles Dow(1851-1902) was the father of Technical Analysis and the discoverer of...
PRINCIPLE OF POLARITY The Principle of Polarity states that once a Resistance (Support) level is breached, it changes its nature and becomes Support (Resistance) the next time it is approached. This happens due to change in Demand and Supply. Also...
“Not to have control over the senses is like sailing in a rudderless ship, bound to break to pieces on coming in contact with the very first rock.” Mahatma Gandhi Trading rules form an important component of the basics of...
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...
The world of Technical Analysis has always been filled with fancy terms and tools. With new indicators being developed every day, you often tend to forget the classic tools which actually formed the origin of Technical Analysis. One such tool...
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...
