Pattern recognition is essential for success in almost all human endeavors, including investing. Sir John Templeton once famously said "the four most dangerous words in investing are, it's different ...
If you’re new to pattern recognition trading, it helps to have a strong understanding of basic patterns and their fundamentals. Understanding patterns and the technical drivers behind them makes it ...
In this section we'll look at four more patterns that are commonly identified by technical analysts. These occur when a market price starts to converge towards a single point. How the triangle is ...
As we've seen, when a market hits significant support or resistance, it tends to either bounce off or break through (apart from fakeouts, of course). Clearly, if you could forecast when the market was ...