Trend Reversal And Trend Continuation Profitable Candlestick Patterns

Enhance your trading confidence with this lesson on how the top technical tools  Japanese Candlesticks, RSI and MACD “Guessing or going by gut instinct won’t work over the long run. If you don’t have a defined trading methodology, then you don’t have a way to know what constitutes a buy or sell signal. Moreover, you

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Understanding Robert Prechter’s ‘Slope of Hope’

By Elliott Wave International
Almost everybody who follows financial markets has heard about climbing the “wall of worry”: the time when prices head up bullishly, but no one quite believes in the rally, so there’s more worry about a fall than a rise.

What’s the opposite condition in the market?

Bob Prechter named it the “slope of hope,” meaning that as prices head down, no one wants to believe the market really has turned bearish, so there’s more hope for a rise than fear of a fall.

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