Beo Forte Academy

Tag: Technical analysis

Broadening Formation

A broadening formation is a technical chart pattern that shows a widening channel of support and resistance levels. This pattern suggests increasing price volatility, making it an attractive opportunity for swing traders who aim to profit from the price fluctuations

Descending Trend Line

A descending trend line, also known as a downtrend line, is a straight diagonal line drawn connecting a series of lower highs on a price chart. This line indicates a general downward trend in the price of a security. A

Broadening Formation

A broadening formation is a technical chart pattern that shows a widening channel of support and resistance levels. This pattern suggests increasing price volatility, making it an attractive opportunity for swing traders who aim to profit from the price fluctuations

Descending Trend Line

A descending trend line, also known as a downtrend line, is a straight diagonal line drawn connecting a series of lower highs on a price chart. This line indicates a general downward trend in the price of a security. A

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