Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...
Price-based chart patterns are my favorite trading tool. They show the balance between buyers and sellers that few other tools match. Chart patterns do not lag like moving averages and other such ...
You can think of forex patterns, as dance patterns. You gotta find a pattern, memorize it, and use it as a signal for the next (dance) move. As naughty as the currency pairs may be, they often give us ...
This is the second in our series on candlestick patterns: A bullish engulfing pattern is a candlestick patterns that will appear frequently in any market. As its name would indicate it is a signal ...
The beginning of a new month marks a good opportunity to review the seasonal patterns that have influenced the forex market ...
The Head & Shoulders Pattern is a reversal pattern that every new and experienced trader should know how to utilize because big moves often follow. Article Summary: The head and shoulders pattern is a ...