The duration of a bullish rectangle pattern is typically measured by the amount of time the price consolidates within the defined horizontal support and resistance levels. This consolidation phase can vary widely in length, depending on the asset and...
Swing trading can be profitable in both bull and bear markets, as it aims to capture price movements over a short to medium-term period, regardless of the overall market trend. In a bull market, swing traders may look for buying opportunities at...
Pivot points are calculated using a specific formula that takes into account the previous day's high, low, and closing prices. These points are widely used in technical analysis to determine potential support and resistance levels for a given trading...
During periods of high liquidity, typically when major financial centers like London and New York overlap, Forex traders can benefit from tighter spreads and faster execution of trades. High liquidity means more market participants, leading to more...
A kickback is an illegal payment made in exchange for preferential treatment or other types of improper services. The kickback could be cash, a gift, credit, or anything else of value. Paying or receiving kickbacks is a corrupt practise that impairs...
The Three-River Bottom pattern is a rare and unique candlestick formation in technical analysis, often indicating a potential bullish reversal in a downtrend. It is composed of three distinct candlesticks and is typically found after a prolonged...
There are several common causes of fear in trading that can impact a trader's decision-making process. One of the most significant causes of fear is the fear of losing money. Trading involves taking risks, and it is not uncommon for traders to...
In the forex market, trends are typically classified into three main types: **uptrend, downtrend,** and **sideways (or horizontal) trend**. Each type of trend provides traders with different opportunities and strategies.
1. When volatility rises and risk markets are weak, the country or region should own a large number of foreign currency assets, implying that they may sell those foreign assets and bring money back home.