Divergence in Trading
Divergence is one of the favorite and reliable trading concepts for traders and technical analysts because of the quality of the trading signal it provides. Although technical indicators are lagging in case of divergence, this lagging feature helps the traders to find profitable trading setup and take more reliable entries. Divergence is mostly used by[…]
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How to use Moving Average in trading
The moving average is one of the most popular and widely used trading indicators used by traders and technical analysts to identify the direction of the trend. Moving average generally sums up many data points of a financial asset over a time period and divides the total value by the number of data points. As[…]
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Head and Shoulder Pattern – Chart Pattern Analysis: Part 3
Traders and technical analysts are regularly studying charts of different financial assets to understand the trend, various patterns to predict the future movement of price. It is very necessary to understand the formation of different patterns and their result. The Head and shoulder pattern is an important pattern for traders because of its reliability in[…]
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Double Bottom Pattern-Chart Pattern analysis: Part 2
The Double Top pattern is one of the best chart patterns used by traders to identify potential reversal of a downtrend in the financial market. The double bottom pattern gives the opportunity to buy a financial instrument at the lowest possible price. If a trader can identify a double bottom pattern perfectly, he can take[…]
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Double Top Pattern- Chart pattern analysis: Part 1
If you are involved in trading and familiar with technical analysis, you may hear the term double top pattern a lot. In technical analysis, traders use various chart patterns to understand price movements and take their trading decision based on them. A double top is one of the popular and commonly used chart patterns used[…]
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