Double and triple top and bottom patterns are the subjects of today's article. They may remind you of the Head and Shoulders pattern. The main rule is the same, the confirmation comes when the price cuts through the neckline of the pattern. But the difference lies in the height of the tops or bottoms in these two types of patterns. In the head and shoulders, there is a clear … [Read more...] about #1 Guide to trade double top, double bottom and their triple cousins at Olymp Trade
Guides
Guide to Using the Economic Calendar at Olymp Trade
The difficulty in trading lies in the inability to determine the direction in which the market will turn. You can be sure though, the volatility will go up after the news announcement. There is, however, a group of traders who are specializing in trading in highly volatile markets. They use this aspect to their advantage and they can raise your balance before the situation … [Read more...] about Guide to Using the Economic Calendar at Olymp Trade
How to Use MACD to Trade Successfully at Olymp Trade
The overview of the MACD indicator The abbreviation MACD stands for the Moving Average Convergence Divergence. It is a very simple yet, extremely efficient indicator available at Olymp Trade. It helps to determine the trend and the points where it is best to open positions. It consists of two moving averages and the central zero line. Here, you will get the necessary … [Read more...] about How to Use MACD to Trade Successfully at Olymp Trade
How to Trade the Trend Retracement with the Fibonacci Levels at Olymp Trade
The Fibonacci Levels on the Olymp Trade platform is a great and complex indicator. It is used in trading the reversals of the trend. In this guide, you will get an overview of this powerful tool as well as some advice on how to use it at Olymp Trade. The Fibonacci levels overview The indicator in question will be displayed on your chart in the form of a few horizontal lines. … [Read more...] about How to Trade the Trend Retracement with the Fibonacci Levels at Olymp Trade
#1 Guide to recognise and trade Three Inside candlestick pattern at Olymp Trade
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
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