The cup and handle pattern was first identified by entrepreneur and stockbroker William J. O’Neil and explained in his 1988 book “How to Make Money in Stocks.” The bullish chart pattern is easy to ...
In forex trading, success often hinges on the ability to decipher market sentiment and predict price movements accurately. Forex chart patterns are recurring trends in price charts that offer ...
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 ...
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 ...
Chart patterns offer great trading opportunities because they provide objective and recurring price events that can be studied in great detail. The 9 Forex chart patterns discussed in this article are ...
Most people who trade the forex markets rely almost exclusively on technical analysis to make their trading decisions. They will spend hours on end staring at charts of the various currency pairs in ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Vikki Velasquez is a researcher and ...