A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...

An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its ...

Head and shoulders pattern trading can be a great way to predict and capitalize on the end of a trend and an impending price reversal. A trend reversal formation, head and shoulders patterns are easy ...

Diamond pattern trading isn’t for beginners! Not only are these patterns rare, but also they’re often wildcards, breaking up or down regardless of bullish or bearish indicators. That said, it’s ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...

You can violate the pattern day trader (PDT) rules without realizing it. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. For active ...

Pattern day traders must maintain a $25,000 minimum balance to trade. Accounts are flagged for pattern trading with 4 same-day trades in 5 days. Exceeding day trade limits triggers a margin call, ...

Do you actively trade stocks? If so, it's important to know what it means to be a "pattern day trader" because there are requirements associated with engaging in pattern day trading. Once you ...