Photo by Tech Daily on Unsplash Goichi Hosoda, a Japanese journalist, created the Ichimoku Kinko Hyo charting technique, which translates to “equilibrium at a glance chart.” He intended to create a system that would allow a trader to quickly and readily appraise trend, momentum, and support and resistance levels.
Photo by Adam Nowakowski on Unsplash Fibonacci analysis is the study of determining future support and resistance levels based on previous price patterns and reversals. Fibonacci analysis is centered on Leonardo Pisano’s mathematical discoveries, also known as Fibonacci. He is credited with discovering the Fibonacci
Source: unsplash Transitions between rising and declining trends are frequently suggested by price patterns in technical analysis. A price pattern is defined as a recognized pattern of price movement that may be determined using a sequence of trendlines and/or curves. So let’s understand the meaning of Trendline. Trendlines
Trading in derivatives opens up a new world of speculative possibilities for day traders and swing traders. Financial derivatives are instruments where a lot of money can be made or lost. Throughout this comprehensive guide to derivatives, you can learn about the various categories of derivatives and how to use