What is an Indicator? Definition and Examples in Technical Analysis

Indicator serve as mathematical calculations or statistical measurements employed in analyzing market data to discern potential trends. They offer insights into market trends, revealing supply and demand dynamics. Indicators fall into two main categories:...

Jaleed Abdullah

February 10, 2024

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Rounding Bottom Pattern: Definition, How Does It Work, Identity, Parts, and How To Use It?

The Rounding Bottom Pattern, commonly known as a Saucer Bottom, is a significant indicator in technical analysis, marking a shift from a bearish to a bullish market trend. Characterized by a “U” shaped curve...

Jaleed Abdullah

January 24, 2024

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12 Types of Chart Patterns That You Should Know

Chart patterns are essential tools in the financial market, appearing on the price charts of various instruments like stocks, commodities, or currencies. Known also as price patterns, they are instrumental in identifying market trends....

Jaleed Abdullah

January 22, 2024

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Bullish Harami Candlestick: Definition, Formation, Trading, Advantages, and Disadvantages

A bullish harami candlestick pattern emerges as a significant indicator for trend reversals within a prevailing bear market. This two-candlestick pattern comprises a lengthy bearish candlestick succeeded by a smaller bullish candlestick, entirely enclosed...

Jaleed Abdullah

January 17, 2024

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Doji Candlestick Pattern: Definition, Formation, Types, Trading, and Examples

The Doji candlestick pattern is a distinctive formation on the price chart that signals a standoff between buyers and sellers, leading to a close where prices finish at or near the opening level. These...

Jaleed Abdullah

January 11, 2024

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What is Support and Resistance in detailed 

Support and resistance levels are significant points in time when the forces of supply and demand intersect. Technical analysts consider

Jaleed Abdullah

September 22, 2023

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Technical Analysis: Definition, History, How it Works

Technical Analysis of Price Action - Price action is the movement of a security's price plotted over time. Price action forms the basic...

Jaleed Abdullah

August 22, 2023

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