Learn about investing, trading, retirement, banking, personal finance and more.
The Symmetrical Triangle Bottom pattern forms when the price of a pair fails to retest a high or a low and ultimately forms two narrowing trend lines. Points 1 5 form the triangle patterns. The price is expected to move up or down past the triangle depending on which line is broken first.
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. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).
If 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, calculate the pattern height by taking the difference between the highest high and the lowest low. Then, calculate the target price by subtracting the pattern height from the breakout price, which is the lowest low.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
Learn about non-marginable securities, which cannot be bought on margin or used as collateral for margin loans. Discover why they are considered risky and how they can affect your investment strategy.
Explore the importance of notarizing a will. Understand the benefits, such as fraud prevention and efficient probate process, and the rules varying by state. Learn when notarization may not be necessary and the role of witnesses in validating a will
The A-/A3 rating is considered Investment Grade, but it is getting closer to the Junk Bond range
Understand the Ba2/BB credit ratings and their significance in the world of bond investments. Discover the moderate default risk and high yield potential associated with these speculative bonds. Learn how these ratings apply to companies and insurers, enabling informed investment decisions.
Master the concept of Return on Equity (ROE) at Tickeron. Learn its connection with the ascending wedge pattern in the trading world. Start your investing journey now
Dive into the intricacies of the Federal Discount Rate, a pivotal tool in the Federal Reserve's monetary policy. Learn its role in banking operations, its relationship with the Federal Funds Rate, and its impact on the economy. Ideal for investors, analysts, and economy enthusiasts.
Explore the intricate workings of the stock market, from stock types to exchanges and price setting. Vital insights for investors and companies venturing into the world of stocks.
Discover how Tickeron's AI-powered Virtual Accounts are transforming stock trading. With advanced risk management and trade automation, these innovative tools offer a competitive edge for traders. Learn about the evolution and future of AI in trading.
Explore the advantages of cash value life insurance, a unique long-term financial tool that provides both protection and a savings component. Uncover how it functions and when it might fit into your financial strategy, with considerations for withdrawals, tax implications...
Dive into the dynamic world of the metal industry. Discover how sustainability, green initiatives, and global challenges shape the sector. Uncover investment opportunities in top metal stocks and understand the future prospects of this pivotal industry.