What Is a Trend in Trading? What is a trend in trading? A trend is the general direction in which the price of an asset is moving over a chosen period. A market can trend upward, trend downward, or move…
Candlestick Patterns Explained Candlestick patterns are visual price formations created by one or more candles on a chart. Each candle shows how an asset moved during a selected time period by displaying its opening, high, low, and closing price. For…
Support and Resistance Explained Support and resistance are price areas on a chart where buying or selling interest has previously become noticeable. Support is an area where a decline has slowed or reversed because buyers appeared, while resistance is an…
What Is Technical Analysis? What is technical analysis? Technical analysis is a method of studying market price, trading volume, chart patterns, and other market data to evaluate possible future price movements. Traders use it to organise market information, identify trends,…