Stoploss.ch

Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Descending triangle

Pattern Description:

The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern and indicates distribution. Once the horizontal line has been broken, the downside target should correspond to the height of the triangle, projected below the horizontal support line. While this pattern is in the process of formation, volume tends to be low but rises substantially on a break of the support line.
Descending triangle

Featured Video

Getting Started with MetaStock R/T

In the brief video Stephanie Fahrner, Director of MetaStock Support, describes the installation process of MetaStock XENITH and MetaStock R/T.

Featured Article

Minimizing risk in trading

by Tim Straiton
Paul Tudor Jones, the legendary trader stated that financial markets trend only 15 percent of the time. The rest of the time they move sideways. When markets are in a trendless or sideways state, they become choppy and more difficult to predict. Technical analysis offers numerous indicators which are valuable in making us aware of the market trend state. We will be looking at four technical indicators available in Metastock which are useful in evaluating trend direction and trend...
Read more...

Technical Review

A look at the Gold/Silver Ratio

2024-09-05 by Tim Straiton

The current level at the time of writing is 87.63 and trading slightly above the 200 day moving average at 84.60. Gold has gained significantly since the beginning of July 2024 when the ratio was at 76.60, however bearish divergence in the 14 day relative strength index is beginning to show up on the daily charts.

A double top formation would be confirmed of a break below the 84.40 level and put focus on the Fibonacci 61.8% retracement level at 81.54, based on the recent 76.60 - 89.53 range.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

BullionVault

Site Description:

BullionVault.com - the most cost-effective, safe and simple way of buying, owning, storing and selling gold and silver - from one gram up.
http://www.bullionvault.com/