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 ...
Price-based chart patterns are my favorite trading tool. They show the balance between buyers and sellers that few other tools match. Chart patterns do not lag like moving averages and other such ...
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 ...
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 ...
If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...
Forex chart patterns (or Forex candlestick formations) are structures of price movements that tend to replicate themselves in different periods and time frames. They respond to specific conditions ...
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 ...
Forex trading can be an extremely lucrative and rewarding endeavor, but it is important to first understand the basics of how the market works. One key concept in Forex trading is understanding trends ...
If you are an Indian investor interested in automated forex trading, start small. Most of the modern systems allow you to ...
In this webinar recording, we assessed a popular corrective pattern in Elliott Wave Theory called the triangle. We looked at idealized shapes of the patterns, rules and guidelines in how the patterns ...