Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
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 ...
Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
Zcash has been one of the strongest movers in the market. It jumped more than 1,000% in three months, but the last seven days have brought a 15% drop. Many traders now wonder if the Zcash price rally ...
The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...
Technical analysis patterns offer a structured way to read the collective psychology of the market, translating chaotic price action into recognizable, repeatable setups. For the individual investor, ...
We've looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.