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 ...

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 ...

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 ...

EURUSD reached the resistance around 1.1145, as mentioned in the latest EURUSD Technical Update, and formed a rising wedge-like pattern in the process. Yesterday, EURUSD formed a bearish ...

Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...

Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend ...

Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...

Recent trade saw the market bounce powerfully from the 84.80 area, where wave C) low of a larger short (Y), of a complex black wave 5 pattern, was completed. Technical traders should focus on long Usd ...

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 ...