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 the Head and Shoulders Pattern
The Head and Shoulders pattern is one of the most well-known patterns in the technical analysis world. It consists of multiple parts with multiple trading opportunities. The pattern utilizes the concept of support and resistance to identify points of reversal and breakout. This pattern is sometimes called the Head and Shoulders Reversal pattern because it […]