Category: Technical Tools

How to Trade Morning Star Pattern

Morning Star Pattern holds an important place in technical analysis.Morning Star Pattern is a reversal pattern and a bullish candlestick patterns.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 fall ends,there is light, means …

2 Powerful Symmetrical Triangle Patterns

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 shorter periods …

Double Top Double Bottom Chart Patterns

Double Top Double Bottom chart patterns are the reversal chart patterns. They can be easily recognized on a technical chart once you are aware of them.Both are very similar in structure,target price and stop loss price. Double Top pattern is a bearish chart pattern. This means it indicates impending decline …

Stochastic Oscillators use in Technical Analysis

Stochastic Oscillator is a momentum indicator. It has an important role in technical analysis for a trader.Their significance lies in predicting the entry and exit prices in a trade.It was developed by George Lane. There are lots of Technical Indicators available in Technical Analysis.  Traders use them to strengthen their …

Technical Analysis

Technical analysis is a tool of significant importance for traders in stock markets.It helps to identify the entry and exit prices for a trade in a security,be it a stock or index.It is based on the principle of ‘History repeats itself ‘ and ‘ security price discounts everything ‘