Traders often look for repeatable patterns on the price charts. Such formations help greatly in technical analysis as they say a lot about possible price behaviour. Some patterns are more commonly used than others. Have you heard about the stair steps pattern? It will be the topic of today’s article. What is the stair steps … Read more
One of the main advantages of Pocket Option is the simplicity of opening a trading position: one only needs to anticipate whether the price is going upwards or downwards and choose the right amount to trade. It is also possible to set the duration of each position to different time frames, and make them as … Read more
The levels called support and resistance are very useful lines on the price chart. They are of great help when determining the probability of the price breakouts and trend reversals. A lot of traders are relying on this tool. You should know what they are and how to use them properly. The basics of the … Read more