3 Chart Patterns Every Trader Should Know
Those who trade with technical analysis have identified chart patterns in the stock, usually with a candlestick chart. Technical analysts, those who study technical analysis, are able to use these chart patterns in an attempt to predict price movement. Before learning chart patterns though, the traders should understand the concept of support and resistance. What […]
How to Trade Double Tops and Double Bottoms
The Double Pattern is pretty simple, as all of the moves associated with it just use two simple factors: Support and resistance. The Double Pattern is a fairly common pattern when it comes to technical analysis as it can indicate a potential reversal of the trend. If you can master recognizing support and resistance points […]