4 Types of Supply and Demand Patterns

Supply and demand patterns are price structures that indicate potential shifts in market trends. Understanding these patterns helps traders identify areas where the balance between buyers and sellers might change. The interaction between supply...

Jaleed Abdullah

March 4, 2024

0

Runaway Gap: Definition, Importance, and Trading

A runaway gap is a substantial price difference between two consecutive trading sessions, often seen in financial market charts like stocks or commodities. It’s identified by a gap in the price chart where the...

Jaleed Abdullah

February 12, 2024

0

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

0

Triple top pattern: Definition, Importance, Parts, How It Works, Benefits, Risks, and What Does It Tell?

The triple top pattern, a reversal formation in technical analysis, identifies potential trend changes. It comprises three peaks at the same price level, with pullbacks in between, signaling waning upside momentum and strengthening resistance....

Jaleed Abdullah

February 8, 2024

0

Advance-decline Line: Definition, how it Works, Formula, and Calculations

The advance-decline line is a market indicator that traders use to estimate the overall strength or weakness and the breadth of the stock market. The advance-decline line helps in monitoring how many stocks are...

Jaleed Abdullah

January 30, 2024

0