CUP AND HANDLE
Pattern on a chart resembling a teacup with a handle. The cup’s shape is similar to a "U" shape while the handle drifts slightly downward. The right-hand side of the pattern has low trading volume, trading between seven weeks and 65 weeks. As the stock tests the old highs, individuals who acquired it at or close to the old high put selling pressure on the stock. The pressure then makes the stock trade sideward heading to a downtrend, normally for four days to four weeks, then it will take off.
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Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legisl ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
Third-Party Verification - TPV
Process in which an independent organization evaluates the client’s information to ensure its accuracy and intent. This is often used in tran ...
Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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