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 ...
Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...
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 ...
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 ...
Forex Training Class. We will diagram the Forex Chart Pattern, the Ascending Triangle Pattern and the Descending Triangle Pattern, as they are found often in the Forex Market. We will go over a real ...
Nigeria’s currency traders see repeating rhythms across the calendar. Liquidity shifts, corporate flows, and global news cycles create tendencies that appear year after year. Understanding these ...
Sell the GBP/USD pair and set a take-profit at 1.13015. Add a stop-loss at 1.3300. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3015. The ...