As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...
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 ...
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 ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...
Technical analysis patterns offer a structured way to read the collective psychology of the market, translating chaotic price action into recognizable, repeatable setups. For the individual investor, ...
Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
Recognizing the emergence of a Head & Shoulders pattern in a price chart can assist investors in their trading decisions. This is a type of Technical Analysis. Investors may use a Head & Shoulders ...
A definitive list of trading strategies would require several shelf-filling volumes. There are almost as many approaches to investing as there are traders. Chances are if you talk to five different ...
It’s become known as a “meme” stock but you can call it whatever you want as long as you recognize the type of madness behind the trading of Bed, Bath and Beyond (NASDAQ NDAQ: BBBY). The markets tend ...
Most traders aren't short on information. They're short on consistency.One day they stick to their rules. The next day they tweak everything because a few candles looked 'different.' That pattern ...