Cryptocurrency
Sell
Sell
In forex trading, “sell” refers to the action of selling a currency pair with the expectation that its value will decrease. It involves selling the base currency and simultaneously buying the quote currency. Forex, or foreign exchange, is a global decentralized market where currencies are bought and sold. Currency pairs are traded, with one […]
Schiff Pitchfork
The Schiff Pitchfork is a technical analysis tool used to predict price movements and determine trends. It is a variation of the Andrew’s Pitchfork tool and is named after John R. Schiff. The Schiff Pitchfork consists of three parallel lines. These lines determine the upper and lower boundaries of the trend, while the middle […]
SAR (Stop and Reverse)
SAR (Stop and Reverse) is a technical analysis indicator used to determine the reversal of a trend. Here is detailed information about SAR (Stop and Reverse): How it Works: The SAR indicator consists of a series of dots that appear above or below the price chart. These dots are used to determine the direction […]
RSI (Relative Strength Index)
The Relative Strength Index (RSI) is a popular technical indicator used in technical analysis to measure the strength and speed of price movements. It was developed by J. Welles Wilder and is widely used by traders and investors to identify overbought and oversold levels, as well as potential trend reversals. The RSI is typically […]
Reverse Head and Shoulders
The Reverse Head and Shoulders pattern is a popular technical analysis pattern that typically indicates the end of a downtrend and the potential start of an uptrend. It is considered a bullish reversal pattern and is closely watched by traders and investors. The Reverse Head and Shoulders pattern consists of three troughs and two […]
Range
In forex trading, a “range” refers to a market condition where the price of a currency pair moves within a specific range for a certain period of time. Range indicates a period when the price moves horizontally, without showing any clear upward or downward trend. A range typically occurs when the price of a […]
Price Channel
The Price Channel is a technical analysis tool used to track price movements and determine price ranges. It is a visual representation of the upper and lower boundaries within which the price tends to fluctuate over a given period of time. The Price Channel consists of two parallel lines: the upper channel line and […]
Pivot
In forex, a pivot point is a technical analysis tool used to determine potential support and resistance levels in price movements. Pivot points are calculated by taking the average of the previous day’s high, low, and closing prices. Pivot points are used to determine the direction of price movements and identify potential support and […]
Pip and Tick
In forex trading, both pip and tick are terms used to measure and express price movements. – Pip: Pip stands for “Percentage in Point” or “Price Interest Point.” It is the smallest unit of measurement used to represent changes in the value of currency pairs. In most currency pairs, a pip is represented by […]
Multiple Time Frame Analysis (MTFA)
Multiple Time Frame Analysis (MTFA) is a trading strategy that involves analyzing the price movements of an asset across different time frames to gain a more comprehensive view. It is commonly used in technical analysis to make informed trading decisions. The basic principle of MTFA is that the charts of an asset across different […]
