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SYSTEMATIZATION OF METHODS OF CALCULATION OF GRAPHIC FIGURES OF TECHNICAL ANALYSIS AND RESEARCH OF THEIR POSSIBILITY OF THEIR PRACTICAL APPLICATION TO PREDICTING THE SPECIFIC GOALS OF CURRENCY PAIR: USD/UAH, BTC/USD

Journal: International Scientific Journal "Internauka" (Vol.2, No. 63)

Publication Date:

Authors : ;

Page : 43-48

Keywords : graphic figure; hryvnia; bitcoin; US dollar; goals; forecast; currency pair; goal achievement;

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Abstract

In this article, the systematization of methods for calculating the main figures of technical analysis: flag, pennant, diamond, head and shoulders, wedge, double bottom, double top, cup with handle. Using the example of the hryvnia exchange rate in the interbank foreign exchange market and the bitcoin exchange rate on the Bitfinex exchange, the possibility of practical application of TA figures for predicting the exact targets of the price movement of currency pairs is proved.

Last modified: 2019-10-29 18:20:15