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Standard Doji is a name for a session in which the candlestick for a security has an open and close that are virtually equal and are often components in patterns. Doji candlesticks look like a cross, inverted cross, or plus sign. Alone, doji are neutral patterns that are also featured in a...

Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same.The long lower shadow suggests that there was aggressive selling during...

Bullish & Bearish Hammer candlestick is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near the opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at...

The Master Candle is an unusually large candlestick that engulfs 5-7 candlesticks on the left, the main rule is that within the Master Candle there can be 3-5 candlesticks before the breakout. If we have only 2 candlesticks inside the master candle - the setup is not valid, if I have more than 5...

A Moving Average is a technical charting indicator based on averages of past price movements. Common moving average time frames include 20, 50,100 and 200 days. Moving averages are used to identify trends and potential support/resistance areas.

The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. The theory was developed by Ralph Nelson Elliott after he observed and identified recurring, fractal wave patterns. Waves can be identified in stock price movements and in consumer...

Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.A trendline is a line drawn over...

A Support Level is the low end of the price range for an investment over a certain period. Buyers generally see that asset as fairly priced and thus tend to buy it if it falls lower, preventing further declines. Support levels tend to be shorter-term trends, as they move up or down over time...

Patterns are the distinctive formations created by the movements of security prices on a chart and are the foundation of technical analysis. A pattern is identified by a line connecting common price points, such as closing prices or highs or lows, during a specific period. Symmetrical Triangle...

Market structure in trading or price action is how many people take advantage of the markets. No indicators, and no volume. Because the market does not have a centralized exchange. Traders often swing trade the market based on the structure to take advantage of the opportunity.Market structure...

Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which attempts to evaluate a security's value based on...

Fibonacci - known as Leonardo Bonacci or Leonardo of Pisa , is the man responsible for popularizing the Indo-Arabic numeral system in the Western world as well as the sequence of Fibonacci numbers. Fibonacci numbers can be found almost everywhere. And yes, we also have them in Trading as a...