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resistance

Support and Resistance Stock Analysis

How to Analyze a Stock Chart During a Downtrend traders need to be able to determine if a big white candlestick is a true reversal back to an Uptrending Pattern, or if it is just a momentary rebound action caused by Buy on the Dip Investors and Buy to Cover …

Spatial Pattern Recognition Skills™

Using Spatial Pattern Recognition Skills to Trade Like a Professional All Technical Traders need to have very high visual pattern skill development so that they can click through charts quickly, and identify patterns that they prefer to trade. Unfortunately for most Retail Traders this skill is underdeveloped, leaving them to …

Interpreting Stock Sideways Patterns

Tips to Identify Sideways Patterns & List of How They are Different Most traders do well during Uptrending Markets when there is either Moderately Trending action, Momentum Runs, or Velocity Runs. However the preponderance of traders struggle during Sideways Trends. This is true whether the trader is trading Stocks, Exchange …

Beyond Basic Candlestick Pattern Analysis

Recognizing Who Is Controlling the Stock Price There is a plethora of training on Candlestick Pattern Analysis and interpretation, and yet this remains one of the most problematic areas for Technical Traders who want to trade at the expert level, earning high income from just trading stocks. Once the basics …

Engulfing White Candlestick Patterns

Requirement List for Successful Entry New and novice Traders learn a few candlestick patterns and rush out to trade believing this is all they need to be successful trading stocks. They are then often surprised to see the stock retrace and lose money. Learning to find candlestick patterns that are …

Invaluable Weekly Chart View

Interpret What Price Will Do After Volume Spikes The chart example below with a daily view, shows that High Frequency Traders caused a huge white candlestick and volume spike, as indicated by the vertical red arrow on the right. Since then this stock has been in a sideways price action …

Volume Indicator Reveals Weak Candlestick Patterns

How Retail Traders Avoid Whipsaw Trades Many traders still rely solely upon price and price indicators, which leaves them highly vulnerable to whipsaw trades. A volume indicator reveals weak candlestick patterns, and so it is critical in today’s automated marketplace to use them. This is because giant Buy Side Institutions …

Selling Short Bounce Areas

How to Identify Them Topping patterns have undergone dramatic changes in the past decade due to Market Structure changes which have created new types of venues, orders, routing, and Market Participants. Once the new topping formations are identified, the next analysis must be where small, minor non-reversal runs aka bounces …