Learn about investing, trading, retirement, banking, personal finance and more.
The Descending Triangle pattern has a horizontal bottom (1, 3, 5) which represents the support level, and a down-sloping top line (2, 4). The breakout can be either up or down and the direction of the breakout determines which corresponding price level is the target.
This pattern is commonly associated with directionless markets, since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. When the price of a pair consolidates in a somewhat volatile fashion, it may indicate growing investor concern that the price is set to break out.
If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with the DOWN trend. Consider selling the pair short or buying a put option at the downward breakout price level. To identify an exit, compute the target price, by subtracting the pattern height from breakout point. For downward breakouts the breakout level is the bottom horizontal line (1, 3, 5). Pattern height is the difference between the level of the bottom horizontal line and the highest high.
Explore the Price to Sales Ratio (P/S Ratio), a key valuation metric in financial analysis. Learn how it calculates market value per dollar of revenue, its role in assessing equities, and its limitations. Discover how it compares to other valuation metrics like P/E and P/B ratios
Learn how foreign currency effects can impact profitability for global businesses and investment portfolios. These effects are caused by fluctuations in foreign exchange rates. Discover how firms mitigate this risk through strategies like hedging and the use of Forex derivatives.
The Dead Cat Bounce pattern appears when a stock’s price falls quickly but has a temporary “v-shaped” recovery
Dive into the U.S. stock brokerage giants - Charles Schwab, Fidelity, Vanguard, and JPMorgan Chase. Discover their assets, unique offerings, and how they stand out in the investment landscape
Explore the differences between mutual funds and stocks. Understand the advantages, risks, and factors to consider when making informed investment decisions.
Dive into the E-mini S&P 500, a futures contract traded on the CME. Learn its significance, how it's priced, and its role in financial strategies. Explore the concept of perpetuity and its impact on market volatility.
Learn how to master the art of day trading with these 10 essential steps. From self-assessment to setting up a solid strategy, understanding markets, and effective money management, this comprehensive guide offers the key insights you need to succeed in the challenging yet rewarding world...
Dive into the complexities of (SCM) and discover its pivotal role in modern business. Explore the key components, diverse models, ethical considerations, and the transformative power of technology in SCM. Unlock success with efficient sourcing, manufacturing, delivery, and more.
Explore the intricate world of electronic trading, where technology meets strategy. Understand the setup, execution, and risks in the digital market.
Uncover the secrets of the Broadening Bottom (Bullish) pattern in stock trading. Learn about its characteristics, trading strategies, and psychological aspects. Leverage Tickeron’s AI for pattern analysis and risk-reward assessment to enhance your trading decisions in volatile markets.