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 ...
Chart patterns represent one of the most powerful analytical tools available to traders and investors across global financial markets. These visual formations, created by price action on trading ...
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 ...
The cup and handle pattern was first identified by entrepreneur and stockbroker William J. O’Neil and explained in his 1988 book “How to Make Money in Stocks.” The bullish chart pattern is easy to ...
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 ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...
Many technical forex traders and professional technical analysts now use the well known chart patterns established by stock and futures traders over the years to generate trading signals and forecast ...