Support and resistance shows key areas where the forces of supply and demand meet. In the financial markets, prices are driven by excessive supply (down) and demand (up). Supply is synonymous with bearish, bears and selling while demand is synonymous …
When there is a price difference between the two consecutive days, high and low, a gap is said to have created in the chart. Gaps are of two types- 1. Positive gaps or Bullish gap 2. Negative gap or Bearish …
Stochastic is basically a combination of statistics and mathematics. It is an oscillator that was developed by George lane. Stochastic is a momentum based indicator which identifies the location of the present closing price relative to its range over a set …
