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 ...
When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
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 ...
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 ...
Article Summary: With so many currencies to choose from, triangle patterns can help forex traders quickly identify a pair to trade. This article will show you how to use triangles to find a trade ...
Harmonic patterns illustrate how prices of currencies behave under different market conditions to help you identify trend reversals and initiate buy or sell orders. These patterns rely on Fibonacci ...
Intraday studies show that market volatility tends to vary significantly per trading session, which is an important consideration when adapting different trading styles to a given session. In fact, we ...