In the world of technical analysis, candlestick patterns play a crucial role in predicting future price movements of stocks, currencies, and other financial instruments. One of the most powerful and widely used patterns is the Morning Star Candlestick Pattern. The… Continue Reading
Momentum trading is a popular and effective trading strategy used by many traders in today’s stock market. It is a technique that involves buying stocks that are already showing strong upward price movements, with the expectation that this upward trend… Continue Reading
In this post, we’ll go through a Bullish and Bearish Engulfing Candlestick Pattern Amibroker AFL Code. The AFL code can be downloaded free of cost and imported into Amibroker. Bullish and bearish engulfing candlestick patterns are popular technical analysis tools used… Continue Reading
There are thousands of distinct chart patterns in the world of Technical analysis. And everyday this list is growing. For a new trader, its gets confusing to learn, understand and observe each of these patterns. We have complied a list… Continue Reading
Aroon is a Sanskrit word that means ‘Dawn’s Early Light‘. Developed by Tushar Chande, author of the famous book ‘Beyond Technical Analysis‘, this indicator signals the start of a new trend at a very early stage. The trend may be… Continue Reading
Candlestick Pattern analysis is one of the foundation stones for technical analysis of stock charts. Every candle in the chart speak volumes of the underlying market sentiment. Mastering the art to read candles takes time and patience, but once achieved… Continue Reading
Price Action trading is the purest form of technical analysis and is the basis of all modern day trading systems. It involves basic chart reading to find breakouts or consolidation phases which can aid in your buy/sell decisions. There are… Continue Reading