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 ...
The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...
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 ...
EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,... Technical ...
Overview: Forex books help traders understand how currencies react to economic data, policy decisions, and global events.The books strengthen the readers’ techn ...
In this webinar recording, we assessed a corrective pattern in Elliott Wave Theory that is a difficult one to trade, the flat. There are three types of flat patterns: Regular Irregular or expanded ...
Overnight the USD CHF confirmed yesterday's closing price reversal top at 1.1032, but there was no follow through to the downside. This indicates that the market is still in strong hands. A trade ...