A Wedge in chart often points to weaknesses in current expansion direction. It is a common reversal setup. A Falling Wedge is a chart formation with lower high and ...
Classic chart pattern pointing to potential moves to higher price level. Its bearish version is called double top. Detail description of Double Top can be found here.
Measured move is a highly structured price movement that consists of 2 swings in the same direction with a pause in-between. Detailed explanation can be find in this article
Daytraders from the old days mostly are floor traders. They did not have access to charts, or pretty much nothing else. Having pre-calculated price levels derived from previous trading day, ...
A Wedge in chart often points to weaknesses in current expansion direction. It is a common reversal setup. A Rising Wedge is a chart formation with higher high and ...
Federal Open Market Committee (FOMC) of the Federal Reserve in United States holds regular meetings on its interest rate and other monetary policy decisions. The post-meeting announcements are widely monitored ...
After Hours is the trading session outside of RTH. Most of the time the liquidity during AH is not very good, making erratic price movements more likely.
Open range for a timeframe is the range established during the initiation process in STOPD. It is a yardstick good for measuring the price behaviour dynamically. For example, for intraday ...
A terminal pattern for downtrend. Bearish version of this pattern is known as Wyckoff Up Thrust. Detailed explanation of W. Upthrust can be found in this article