In this unit, we are going to look at the DAX Rising Wedge and DAX Falling Wedge Patterns. These patterns are normally a continuation pattern, so basically, a trend continuing in the same direction as it was moving. The previous two units were reversal patterns, one...
In this unit, we’re going to look at the DAX Head and Shoulders Pattern (regular and reverse). These patterns help us show that the momentum needed to break a resistance level or a support level is currently not there in the market. But once the momentum...
Now that we have a better understanding of technical analysis, the next thing to study is charting patterns, starting with the DAX double top and the DAX double bottom. Charting patterns are what many technical traders look for on historical price charts. This is...
The German DAX is a volatile index which attracts traders from all over the world. Nearly all traders of the German DAX are looking for an opportunity to profit from its fast movements and were attracted by the market’s volatility. But on of the most common...
There are two different ways that traders study the market. We refer to these two methods as Fundamental Analysis and Technical Analysis. In this very short technical analysis introduction article, I want to help you understand the differences. So this article is a...
Today we are going to take a look at the different ways that traders analyse the markets and more specifically, something which is known as Dow Theory. This unit will provide a basic Dow theory introduction. Most consider the father of technical...
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