How can you trade using the Powerful High-Wave Candlestick Pattern? -2022

How can you trade using the Powerful High-Wave Candlestick Pattern? -2022

Candlestick patterns characterised by indecision and resembling long-legged Dojis are referred to as High-wave candlestick patterns. Their lower shadows are rather long, and their wicks at the top are quite a bit longer. Additionally, they possess a bigger physical physique. They are prevalent at levels of support and resistance, as well as during times of … Read more

7 Bar Patterns Traders should know

7 Bar Patterns Traders should know

7 Bar Patterns that Traders Should Be Aware Of Bar patterns are patterns that occur over a short period of time and are helpful for determining reasonable stop-loss locations and timing our transactions. Every price action trader need to be familiar with both candlestick patterns and bar patterns since they are extremely similar to one … Read more

The Directional Movement Index (DMI) – How Can It Help You Trade More Effectively?

The Directional Movement Index (DMI) - How Can It Help You Trade More Effectively?

J. Welles Wilder is the one who came up with the idea for the momentum indicator known as the Directional Movement Index (DMI). Although it is common practise to make use of both in their combined form, certain trading platforms do distinguish between the Average Direction Index and the Directional Movement indicator (ADX). The ADX … Read more

MACD- 5 Effective Trading Strategies using MACD Technical Indicator

Five Effective Trading Strategies that Make Use of the MACD As a result of its ability to spot opportunities in a variety of financial markets, the Moving Average Convergence Divergence (MACD) Technical Indicator is widely regarded as one of the most important indicators in the field of technical analysis. You probably weren’t aware of this, … Read more