Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Chart patterns reveal trader psychology and can signal trend continuation, reversal, or market indecision—specially when ...
A chart pattern is simply a visual representation of the prices buyers and sellers bought and sold in the past. There is no magic in a chart pattern they just show you what happened in the past and ...
Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.
In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...
Knowing how to read and interpret charts is one of the most important aspects of trading. We explore the cup and handle pattern, as well as the inverted cup and handle, and show you how to trade when ...