Technical Analysis

Morning Star – A Bullish Candlestick Chart Pattern

Among the bullish candlestick patterns,Morning Star Pattern holds an important place in technical analysis.Morning Star Pattern is a reversal pattern and it forms after a sharp decline in stock prices or stock markets. Morning Star is a term which indicates light after darkness.After the ‘darkness’ of price falls …
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Short Term Candlestick Chart Patterns

Candlestick Charts are the most popular charts used in technical analysis.The reason is the Candlesticks display more information about price action and the psychology of market participants on the chart.Although Bar charts also reveal the same information but the candlestick charts do that in a more appealing and …
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Bollinger Bands Trading Strategy To Find Price Targets

Bollinger Bands are a technical indicator developed by John Bollinger.They represent the volatility in prices of a security in chart form.They are too useful to technical analysts as the later use Bollinger Bands trading strategy to predict future price moves in a security. Bollinger Bands consist of 3 …
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Trading a Symmetrical Triangle Pattern

Symmetrical Triangle Pattern are continuation chart patterns for a financial security ( stock,index,commodity,currency etc).These patterns signal Bullish or Bearish price moves in a security in the near future,depending upon the direction of price breakout.Identifying and trading Symmetrical Chart Pattern correctly enables you earn substantial profits in trading in …
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