What are the oil price charts?

The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today. Daily Classical Pivot Points.

How to read a price chart?

As such, understanding how to read a price chart is a key step in the journey to becoming a trader. The first concept to understand is that price shows the behavior of price relative to time. The time component of a price chart is read on the x-axis (left to right). The further left we look, the more into the past we are looking.

What is a CRUD diagram?

A CRUD diagram shows what types of processing is performed on data by a system, indicating them in a matrix format for each function. The types are described as "Create," "Read," "Update" and "Delete," which are the operation types when data is manipulated by a database management system (DBMS).

Why are charts important in trading?

Charts are at the heart of trading. In addition to helping traders monitor the value of their current positions, they also help traders see where price has been, and in doing so, provide clues as to where price will go. Charts are at the heart of trading.