Master stock chart patterns with Interactive Brokers as your online stock broker. Stock chart patterns are tools that traders and investors use to understand how the market is performing. They provide ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...
In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...
Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
Conventional market wisdom suggests that history doesn't repeat itself, but it often rhymes. For American Airlines (AAL) , we are observing technical conditions that are very reminiscent of previous ...
In lesson 3 we looked at the head and shoulders chart pattern. In this lesson, we're flipping that (literally) to focus on the inverse head and shoulders pattern. While it's also used to help spot ...