Graphical analysis

This is the study of conditional formations; it "maps out" their movement the price chart. By the shape that appears or has appeared on the chart, we can judge how the market will behave in the near future. There is a list of figures and it is oriented for traders and analysts. Each shape could confirm that the market will move in one direction (eg, "triangle" - see), or vice versa, that it will turn around (eg, "head and shoulders" - see). More information about graphical analysis can be found in the book “Objective graphical analysis of financial markets” by A.V. Fedorov.

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