This section decodes the character of demand and supply of the prevailing trend. The concepts such as double top / bottom, Head and shoulder, cup pattern, flag pattern and triangle are explained with details.
The short-term reversals are spotted using the candlestick patterns, hence we talk about engulfing, piercing, doji, hammer and shooting star patterns. The Gap analysis such as area gap, breakout gap, runaway gap and exhaustion gaps will also be explained.
The derivative instruments can help traders to optimize the returns for the risk taken. We start by explain the basis and our journey goes to an extend you gain solid understanding of futures and option in detail.