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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 ...
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 ...
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 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 ...
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, ...
With over $5 trillion traded every single day, the forex (foreign exchange) market is the largest, most liquid market in the world. With forex trading, you speculate on the value of one currency ...
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 ...
Japanese candlestick charts have become a standard technical analysis tool for many forex traders. In just one candle, a currency trader can see an exchange rate’s open, high, low and close for a ...
The direction of the AUD/USD on Wednesday is likely to be determined by trader reaction to .7525. The Australian Dollar is trading higher on Wednesday as traders attempt to close higher for a third ...
The direction of the AUD/USD on Monday is likely to be determined by trader reaction to the uptrending Gann angle at .6877. The Australian Dollar is trading higher on Monday even after the country ...