The falling three methods is a technical analysis pattern used to predict a reversal in the current uptrend. It is composed of three consecutive candlesticks that each have a lower high and a lower low than the previous candle. The pattern is considered complete once the third candle closes below the low of the first … Read more
Fibonacci Retracement Levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on the Fibonacci Sequence, which is a series of numbers that start with 0 and 1, and each subsequent number is the sum of the previous two numbers. The most important Fibonacci Retracement Levels are 23.6%, … Read more
Money flow is a technical indicator that measures the combined value of all the stocks traded during a given period. It is used to determine the strength of a market trend. The money flow index (MFI) is a technical indicator that measures the strength of a market trend by using the volume and price of … Read more
The Accumulative Swing Index (ASI) is a technical indicator that is used to identify whether a security is in an uptrend or downtrend. The ASI is calculated by taking the difference between the current price and the previous price, and then adding this difference to a running total. If the running total is positive, the … Read more
A flag definition is a technical analysis tool that is used to identify a potential trend reversal. Flags are composed of two parallel trendlines that converge towards each other, creating a flag-like shape. These trendlines are typically created by a sharp price move, followed by a period of consolidation. The flag definition is used to … Read more
Technical skills definition refers to the ability to analyze and interpret data to make decisions about investments. Technical analysts use charts and other tools to identify trends and patterns in the market. They then use this information to make predictions about where the market is headed. Is technical analysis a technical skill? Technical analysis is … Read more
The Bottom Definition is the lowest low point that a security reaches during a given time period. This point is used to help traders identify support levels and potential reversals in the market. What is chart in technical analysis? A chart is a graphical representation of data. In technical analysis, charts are used to visualize … Read more
A trading channel is a price range within which a security or commodity typically trades. The upper and lower boundaries of the channel are determined by support and resistance levels. Trading within the channel indicates that the security is in a period of consolidation and is not trending. However, a breakout from the channel could … Read more
The coiled market definition is a technical analysis term that refers to a market that is consolidating within a tight range. This type of market is typically seen as a precursor to a breakout move, where prices will move sharply in one direction or the other. The coiled market definition can be applied to any … Read more
The Commodity Channel Index (CCI) is a momentum oscillator used in technical analysis that measures the current price level relative to an average price level over a specific time period. The CCI oscillates around a zero line and is used to identify overbought and oversold conditions in the market. CCI can be used on any … Read more
