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 ...
Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...
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 ...
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 ...
Forex Training Class. We will diagram and discuss the Forex Japanese Candlestick Pattern, the Bullish Engulfing Pattern and the Bearish Engulfing Pattern, as they are found often in the Forex Market.
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 ...
Japanese candlesticks are a popular charting technique used by many traders. Today, we are looking at the shooting star reversal pattern which is a popular Japanese candlestick formation and how to ...
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 ...
The Forex market is one of the largest and most liquid financial markets in the world. Here is a guide to explore types of ...