Tag: Long Position
Rectangle Chart Pattern: Trading formation for Fixed Time Trade
A Rectangle or Box is a continuation pattern that indicates a chart price where sell and buy seem fairly balanced in a period of time. The asset price moves in a tight range, seeking support at the rectangle's bottom and hitting the resistance at the rectangle's top.
Combine Trendline indicator with ladder pattern
The trendline indicator combined with the ladder pattern is one of the effective methods of determining the price trend. Unlike reversal strategies/methods, this helps to find out whether the market will continue to grow or not.
Trading terminology in the Forex Market
Posts share the terminology when it comes to Forex. Closed position, open position, short position, long position,... General things when trading with Forex
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