Technical Analysis

Technical Analysis

Forex Charts

REVERSAL BULLISH PATTERNS PART A

No. of bars: 3 Prior trend: Short Structure: The Morning Star pattern signals a bullish reversal after a down-trend. The first candlestick has a long black body. The second candlestick gaps down from...
Candlestick

REVERSAL BULLISH PATTERNS PART B

No. of bars: 3 Prior trend: Long Structure: A long white day is followed by a small body that gaps in the direction of the trend. The third day is a black day...
Trend Lines

Trend Lines

An important concept in technical analysis is the determination of the market trend. In addition to helping to identify the prevailing trend, trend lines offer clear indicative support and resistance levels to the price movement. As...
Support Resistance

Support and Resistance

Support and resistance (S&R) levels are the most highly discussed attributes of technical analysis. They are an important part of any trading method . Basically S&R represent the “battlefield” between buyers & sellers. Buyers provide a...
Technical analysis

TECHNICAL ANALYSIS

 Technical analysis is the study of market data such as historical and current price data and volume in an effort to forecast future market activity. Historical price data is the most commonly used available...