5 minute read

Two of the most widely respected indicators — the MACD and RSI — when used together, can form a powerful strategy for both forex and stock markets. The MACD RSI indicator combination is a proven way to identify trend strength, momentum shifts, and optimal entry and exit points.

by Brett Simba

5 minute read

A trailing stop limit order is a type of trade exit order that dynamically follows the market price at a fixed distance (trailing amount). It is designed to:

by Brett Simba

4 minute read

The inverse head and shoulders pattern is a technical analysis formation that signals a reversal of a downtrend into an uptrend. It consists of three distinct troughs (or “lows”) and a resistance level known as the neckline.

by Brett Simba

4 minute read

A rising wedge pattern is a technical chart pattern characterized by converging upward-sloping trend lines. This formation often signals a weakening momentum in the current bullish trend, frequently leading to a reversal to the downside. It occurs when price movements form higher highs and higher lows, but the range between highs and lows narrows.

by Brett Simba