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A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction

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The 200-day moving average is a main indicator that tells traders and investors the average closing price of a stock which is observed over 200 days. There are moving averages that span different periods based on their purpose for traders and investors.

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The term 'sideways market' refers to a phenomenon when there are no clear trends found in the market. Instead, prices are rising and falling, sometimes sharply, but not in any consistent direction. Sideways markets are typically volatile and indecisive.

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groups of patterns: continuation, reversal, and bilateral. Some traders classify ascending, descending, and symmetrical triangles in a

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For instance, if the 200-day moving average trend line moves up, traders may just go long if prices deflect off trend lines that double as support levels. In such a case, a trader may hope that prices could bottom out and then likely rise with the trend going up.

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The trend mentioned here refers to the long-term trend of the given security. Stock traders use the 200 day moving average charts for finding the right opportunity to buy or sell an investment. For example, if the stock's price is trading above the 200-day moving average line, they may look for buying opportunities

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Trading charts are the graphic representations created by an asset's price movements over time, which are used by traders as part of their technical analysis.

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EURUSD The term 'sideways market' refers to a phenomenon when there are no clear trends found in the market. Instead, prices are rising and falling, sometimes sharply, but not in any consistent direction. Sideways markets are typically volatile and indecisive

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In technical analysis, Fibonacci retracement levels indicate key areas where a stock may reverse or stall. Common ratios include 23.6%, 38.2%, and 50%, among others. Usually, these will occur between a high point and a low point for a security, designed to predict the future direction of its price movement

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A sideways market, or sideways drift, occurs when the price of a security trades within a fairly stable range without forming any distinct trends over some period of time. Price action instead oscillates in a horizontal range or channel, with neither the bulls nor bears taking control of prices

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Is a head and shoulders a bearish pattern? EURUSD The head and shoulders chart is said to depict a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end. Investors consider it to be one of the most reliable trend reversal patterns.