TradeOnomics

Rebranding TradeOnomics to WealthLab by Saksham. Why? (1/3)

Why the rebrand?
Old page started attracting the wrong crowd: people who want hot tips and 100% returns.
That’s not me. So now? (2/3)

New mission:
Help 20–28-year-olds in India build real, boring, life-changing wealth.
The kind that lets you retire at 45 or buy a house by 35

(3/3)

Old page started attracting the wrong crowd: people who want hot tips and 100% returns.
That’s not me.

Rebranding TradeOnomics to Wealth Lab by Saksham. Why? (1/3)

An indicator of market momentum, the Awesome Oscillator is based on the activity of the indicator’s candles and the pattern they reveal.

There are several ways in which the Awesome Oscillator indicator might improve your stock, commodity, or forex trading strategies.

If you use it, remember that it has some caveats and that you should always check for confluence with other indicators before making any trades.

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Toll revenue collections on 🛣️ National Highways of India reached ₹48,028.22 crores in 22-23, almost a 2x increase since 2018-19, largely due to mandatory implementation FASTag in 2019. 📈

We hope you now have a basic understanding of what is Fibonacci Retracement and how to use the Fibonacci series in the markets. It is one of the most common tools used by traders to determine support and resistance in the markets.

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Renko charts are an excellent addition to any trader’s arsenal. They offer a unique perspective on market trends and can be a powerful tool for identifying potential trading opportunities. With its ability to filter out the noise and highlight important price movements, Renko is a valuable chart for both novice and experienced traders.
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Is high promoter holding a significant factor when making investment decisions? 🟠

Let’s decode.

First, who are promoters?

Promoters are the individuals who founded the company or have a major ownership stake in it.

When a promoter holds a large percentage of a company's stock, it can be a positive sign for investors.

Here's why.

It signals their confidence in the company's future prospects, shows the business's ability to create value over time.

Also, with high promoter holding, promoters are incentivized to make decisions that will be in favour of the long-term growth of the business and its profitability.

However, when promoters sell their shares in a company, it could mean that they have little confidence in the business or that they need to liquidate their holdings for other reasons.

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Ascending triangle pattern forms two lines – one horizontal line above the candle and one rising line below.

The price breaks out in the same direction before the whole triangle takes shape, which makes the ascending triangle a continuation pattern.

You can leverage this pattern and many more with ease on our platform and get access to a range of technical analysis tools.

FAQs
Q. Is an ascending triangle bullish?
Yes, an ascending triangle is a bullish pattern that indicates an upward breakout is imminent.

Q. What is the ascending triangle in price action?
The ascending triangle is a bullish pattern formed by a horizontal top line and a rising bottom line. These are known as swing highs and swing lows and the line itself eventually converges to go straight upward.

Q. What are ascending triangles in a downtrend?
Ascending triangles in a downtrend can signal potential bullish reversals.

Q. What is ascending and descending triangle pattern indicator?
Ascending and descending triangles are chart patterns used to identify potential bullish and bearish trends.

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