According to published research, the falling wedge pattern has a 74% success rate in bull markets with an average potential profit of +38%.| Liberated Stock Trader
Stock volume measures the number of shares traded and indicates market strength. Rising markets with increasing volume are viewed as bullish, and falling prices on higher volume are bearish.| Liberated Stock Trader
There are two types of continuation patterns: bullish and bearish. Bullish continuation patterns occur when the market is trending upwards, while bearish continuation patterns happen when the market is trending downwards.| Liberated Stock Trader
The best technical analysis books leading industry bodies recommend are Technical Analysis of the Financial Markets, Technical Analysis Explained, Cloud Charts, and Forecasting Financial Markets.| Liberated Stock Trader
Testing reveals the best stock chart candlestick pattern recognition software is TrendSpider, TradingView, MetaStock, and Finviz.| Liberated Stock Trader
The prices of stocks are determined by the interactions of buyers and sellers in a free market. Stock prices constantly change as new information becomes available and investor expectations about the future change. Factors affecting stock prices are earnings reports, economic news, and government and central bank policy.| Liberated Stock Trader