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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 ...
Forex chart patterns are recurring formations on price charts that provide valuable insights into potential market trends and reversals. Traders use these patterns to identify opportunities for ...
Benzinga explains the significance of the rising wedge pattern to forex traders and how to use it as a signal to make profitable trades.
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 ...
Forex traders can use this candlestick pattern cheat sheet to find useful patterns to suggest potentially profitable trades.
Forex line charts help to filter market noise, and their simplicity allows traders to determine support and resistance levels based on the price patterns. Here’s how you can read a line chart: ...
One key concept in Forex trading is understanding trends and patterns that occur within the market. By recognizing these patterns, traders using MetaTrader 4 can make more informed decisions about ...
Harmonic patterns are price-based chart patterns, first established with the Gartley pattern invented by H. M. Gartley in the 1930s.
Introduction A forex trader who is aware of and understands trade chart patterns can navigate the target market effectively. These patterns are connections between the trends and form the origin ...