This pattern appears at the end of a bearish cycle, consisting of bearish candle 1 and bullish candle 2. Bullish candle 2 closes 50% higher than the body of candle 1. Candle 3 is a confirmation candle. There are 2 cases below : • If… Read More
This pattern appears at the end of a bullish cycle, consisting of bullish candle 1 and bearish candle 2. Bearish candle 2 closes 50% lower than the body of candle 1. Candle 3 is a confirmation candle. There are 2 cases: • If candle number… Read More
This pattern appears at the end of a bearish cycle. The candle 1 is the Doji candle. The candle 2 is a confirmation candle. There are 2 cases below : • If candle 2 is a green candle (bullish candle), we will execute a BUY… Read More
This pattern appears at the end of a bull cycle The candle number 1 is the Doji candle. The candle 2 is a confirmation candle. There are 2 cases : • If candle 2 is a red candle (bearish candle), we execute a SELL order… Read More
In the context of trading stocks, the concept of pips is not commonly used. The term “pip” is more commonly associated with forex and certain commodities like gold. In stock trading, the price movements are typically measured in terms of points or cents, rather than… Read More
In the context of trading gold, a pip refers to the smallest incremental movement in the price of gold. Unlike forex trading, gold is not quoted with four or two decimal places. Instead, gold is typically quoted in dollars and cents per ounce. The pip… Read More
In forex trading, a pip is a unit of measurement used to denote changes in the exchange rate of currency pairs. The term “pip” stands for “percentage in point” or “price interest point.” It represents the smallest incremental movement in the price of a currency… Read More
Technical analysis is a method used to evaluate financial markets and make trading decisions based on historical price and volume data. It focuses on studying patterns, trends, and statistical indicators derived from price charts to predict future price movements. Technical analysis assumes that historical price… Read More
A stock, also known as a share or equity, represents ownership in a company. When you own a stock, you hold a portion or share of that company’s assets, earnings, and voting rights. Stocks are bought and sold on stock exchanges, such as the New… Read More
Trading gold is a popular investment and speculative activity that involves buying and selling gold contracts or gold-related financial instruments with the goal of profiting from price movements. Gold is considered a valuable asset due to its historical significance, store of value, and perceived safe-haven… Read More
