Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...

Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...

Ethereum tests critical support at $1,943 within multi-year channel. Analysts project $7K target if support holds amid binary setup.

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...

A pattern day trader is a trader who makes four or more qualifying day trades in a five-day period. To qualify as a pattern day trader, the individual must meet two additional criteria. The person ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

You can violate the pattern day trader (PDT) rules without realizing it. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. For active ...