Many times traders who observe a drop in price of an asset want to know whether this decline is a long-term one or it is just a temporary short-term movement. Why? Well, some traders would prefer to sell a stock before it continues to decline in price over a long time period but would rather wait over a temporary down shift if the price will get back on track reaching new highs … [Read more...] about Retracements and Reversals on eToro
Candlestick Patterns
Most Traded Candlestick Patterns on eToro
Regardless of if you’re starting out as a trader or if you have been trading for months or years, you’ll always look to candlestick patterns for profit opportunities. Candlestick patterns provide a glimpse of a possible price movement and allow a trader to secure or execute positions and strategies which can take advantage of that possible price movement. By having a thorough … [Read more...] about Most Traded Candlestick Patterns on eToro
A Comprehensive Guide to Candlestick Patterns on eToro
Candlestick charts are the most basic data in technical analysis which any trader should always be able to comprehend. Understanding what a candlestick is and what it implies is a lethal arsenal for any trader. A candlestick is made up of data containing multiple time frames and by merely interpreting a candle formation, a trader can make good assumptions as to what happens … [Read more...] about A Comprehensive Guide to Candlestick Patterns on eToro
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