Tags Posts tagged with "Chart Indicators"

Chart Indicators

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It’s not uncommon for traders to become accustomed to using charts at just one particular timeframe. Perhaps it’s the one that’s proven most profitable...

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In renko charts, price movements are reduced to a few simple patterns and that makes them effective at locating trends, reversals, supports and resistances.

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Renko charts are a great way to analyze the market from a completely different perspective. If you like to cut to the chase and look at raw price action, then renko charts certainly are worth the time needed to learn them.

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Fibonacci fan is primarily a tool for analysing trends. The most basic use of Fibonacci fan is to mark out lines of support and resistance within a trend channel.