Candlestick patterns are used to determine the best moment to enter the market. There are many different ones and it is a good idea to have an understanding of when and why they appear. Today, we will talk about the pattern that is a signal of the trend reversal. It is called the Three Inside Candlestick pattern. The three inside up and down patterns The name of the pattern … [Read more...] about #1 Guide to recognise and trade Three Inside candlestick pattern at Olymp Trade
How to profit from the bear market. Short selling explained
Trading is basically speculating on the future price movement. You have to conduct market analysis and predict whether the price will rise or fall. The analysis will influence your decision when to open a trading position. Interestingly, many people tend to enter the trades on price growth. And yet there are also great possibilities for earning profits on price decrease. … [Read more...] about How to profit from the bear market. Short selling explained
How to identify and trade the wedge pattern at Olymp Trade
Introduction to the Wedge pattern A Wedge pattern is the chart pattern that can serve as a signal of reversal or continuation of the trend. The appearance of the wedge indicates that the present trend has paused for a while. The pattern is distinguished by the two trend lines that are converging. We can identify two types of the wedge pattern, a falling wedge, and a rising … [Read more...] about How to identify and trade the wedge pattern at Olymp Trade
Diamond pattern at Olymp Trade. Identify and trade trend reversals
Traders often use candlesticks patterns to identify the entry points for their transactions. Today, I am going to present one that is called a Diamond pattern. It has two variations, diamond top, and diamond bottom formations. As you can imagine, its name comes from the shape it creates. It is used to identify the reversal of the trend. How to identify the diamond top … [Read more...] about Diamond pattern at Olymp Trade. Identify and trade trend reversals
5 simple steps to grow your trading account at Olymp Trade
Every trader dreams about high profits and big numbers in his account. And how does your account look like? Do you have consistent profits? No matter how you answered these questions, you probably wish your money grow even faster. In this article, I am going to present 5 simple steps to help you multiply your income at Olymp Trade. 5 steps to grow your income at Olymp … [Read more...] about 5 simple steps to grow your trading account at Olymp Trade
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