Stock chart patterns can provide an edge via an increased probability of an outcome occurring, but they are not perfect and can be interpreted differently. For example, one trader witnessing a ...

As Cointelegraph reported, XRP must hold above the $2 psychological level to avoid a deeper drop toward the next likely ...

The pattern typically marks the end of a downtrend ... continue on if the stock breaks out above the pennant. In the chart example above, an example of a failed breakdown, or a bear trap is ...

A bull flag is a stock chart pattern comprised of three parts: the flagpole, the flag, and the breakout. The flagpole, sometimes called an impulse wave, is a parabolic stock price rise and signals ...

The goal of technical analysis is to identify particular chart patterns that are thought to indicate directional trends or can predict price movements. The main components of a stock chart are the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market ...

one needs to use a little imagination to spot a potential candlestick signal that may not exactly meet the traditional candlestick pattern. For example, in the figure below taken from an FX chart ...

Sometimes a stock starts to consolidate in an extremely choppy fashion, then tightens up and produces an acceptable chart pattern. Former leader Research In Motion (RIMM) provided a good example ...