Dive into technical analysis to make data-driven decisions. In this section, you’ll learn about chart patterns, trading tools, and indicators to help you analyze market trends and refine your trading strategies.
What is Technical Analysis? So, you’re dipping your toes into the world of investing—exciting, right? Whether it’s stocks, forex, or crypto, the first thing most beginners hear about is technical analysis (TA). But what is it exactly? Simply put, technical analysis is a method used to evaluate and forecast the future price movements of assets … Read more
Understanding the Importance of Moving Averages In today’s dynamic financial market, data analysis is crucial in making informed trading and investment decisions. One powerful tool that traders and investors rely on is moving averages. Moving averages provide valuable insights into market trends, support and resistance levels, price crossovers, and volatility. In this blog post, we … Read more
Technical analysis tools are an essential part of trading, and one such tool that has gained immense popularity among traders worldwide is Fibonacci retracement. Price action trading with the Fibonacci retracement tool is a very effective combination and a part of a successful price action trading strategy. This tool is based on the mathematical ratios … Read more
What is the Relative Strength Index (RSI)? The Relative Strength Index (RSI) is a technical analysis tool many traders and investors use to understand how a stock or asset is performing. This means that RSI shows how strong or weak momentum is present in the stock. RSI indicator looks at past price movements to predict … Read more
The Relative Strength Index (RSI) is calculated using a formula that compares the average gains and losses of an asset over a set period of time. Typically, traders use a 14-day period, but this can be adjusted depending on your trading strategy. Let’s break down the formula and walk through an easy example to understand … Read more
The bearish engulfing candlestick pattern is a popular signal, most traders use this to predict the potential reversals in the stock or forex market. It’s often considered a warning that an upward trend may end and that a price drop could happen anytime soon. Here, I’ll explain what the pattern looks like, how it works, … Read more