About: lishitong
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Bollinger Bands
Bollinger bands is an analytical tool used by traders to identify a market’s volatility and looks at the levels of current prices relative to previous trades. We can see from the above graph that in an instance where there is little volatility the bands contract and as the market becomes increasingly volatile the bands expand.Continue Reading
Written on December 28, 2020 at 7:34 am
Categories: Analysis
Fibonacci Sequence
Fibonacci sequence is used widely in many different industries in the world which is why it may sound the most familiar to you out of all the technical analysis tools we have covered so far. Leonard Fibonacci was an Italian mathematician (1200 AD) who discovered a simple sequence of numbers (Fibonacci numbers) that are usedContinue Reading
Written on December 28, 2020 at 7:30 am
Categories: Analysis
Chart Patterns
Technical analysis, like we said before, is not just about charts. It does, however, rely heavily on them and often uses chart patterns to assist in making trading decisions. The underlying theory is that traders often expect chart patterns to repeat, and this prediction is what presents them with various trading opportunities. The most commonContinue Reading
Written on December 28, 2020 at 6:52 am
Categories: Analysis
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