News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP AUD/USD consolidates within a symmetrical broadening wedge. NZD/USD forms bullish price action within a symmetrical broadening ...
Article Summary: Breakout and Reversal price action patterns are very helpful to traders new and experienced. The reason for their helpfulness is that once a currency pair has shown its hand and taken ...
Markets often appear strongest at the very moment they begin transitioning from accumulation to distribution. That subtle handoff, when smart money starts unloading positions to latecomers, rarely ...
The GBP/USD has formed a broadening bottom / megaphone pattern exactly at W L3 and W H3 camarilla pivot. Originally this is a bullish reversal pattern and The GBP/USD has formed a broadening bottom / ...
In the Chart Patterns one of the types is the Broadening Bottom and Broadening Top Pattern. The Pattern forms a megaphone-like appearance with higher highs and higher lows that widen over the time.
In technical analysis, chart patterns play a vital role in understanding the current state of the stock and predict its prospect with regards to the market. The "broadening bottom" and "broadening top ...
Natural gas remains in consolidation as it further traces out a small broadening formation. It hit a new trend low at 2.02, which is at the lower boundary line of the pattern. This pattern was ...
Bitcoin (BTC) still risks falling to $80,000 in a bull market correction, the latest prediction from a popular chart analyst warns. In X posts on Dec. 26, Chartered Market Technician Aksel Kibar ...
The GBP/USD has formed a broadening bottom / megaphone pattern exactly at W L3 and W H3 camarilla pivot. Originally this is a bullish reversal pattern and the price could reverse from the 1.2815-25 ...