Momentum Strategy

A momentum strategy is an investment strategy that aims to capitalize on the continuation of existing market trends. It is based on the idea that assets that have performed well in the past will continue to perform well in the future, while assets that have performed poorly will continue to underperform. The basic principle behind …

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Symmetrical Contracting Triangle Pattern

What is Symmetrical Contracting triangle pattern? Symmetrical contracting triangle pattern is a chart pattern used by traders in technical analysis. It is a neutral chart pattern, which means it can be a either reversal pattern or continuation pattern depending on the breakout.The price action bounce back from resistance and support level and consolidates towards the …

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