charts are a prominent and helpful tool in the Forex Market. Open and closing prices will determine a candles body and wicks. Multiple candles may develop patterns useful in trading
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis.
is the feeling or tone of a market, or its crowd psychology, as revealed through the activity and price movement of the securities traded in that market.
means an extended price move to the upside ; oversold to the downside. When price reaches these extreme levels, a reversal is possible
In stock market technical analysis,support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse
is a statistical measure of the dispersion of returns for a given security or market index
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