Trading: Technical Analysis Masterclass: Master the financial markets

Trading: Technical Analysis Masterclass: Master the financial markets

Rolf Schlotmann, Moritz Czubatinski
Business & Economics Язык: en
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Greed, fear, uncertainty and the willingness to take risks have determined human actions for millennia and, of course, also how people have manoeuvred their money around the world's markets for decades. If the market suddenly shifts from long rising candlesticks to long falling candlesticks, it indicates a sudden change in trend and highlights strong market forces. Deep downward correction waves during an upward trend suggest that the sellers are active in the market and can move the price sharply in the meantime. As a result, the RSI shows a high value at 75, confirming the upward trend with a lot of momentum.
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