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 ...

Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

The inside bar pattern is a powerful tool in the arsenal of forex traders, offering insight into market consolidation and potential breakout opportunities. This two-candle formation signals indecision ...

Japanese candlesticks are a popular charting technique used by many traders. Today, we are looking at the shooting star reversal pattern which is a popular Japanese candlestick formation and how to ...

The EUR/USD and the USD index are both breaking out of a much commented upon pennant pattern today. The USD is gaining a lot of strength and the breakout looks pretty solid. However are pennant and ...

Harmonic patterns illustrate how prices of currencies behave under different market conditions to help you identify trend reversals and initiate buy or sell orders. These patterns rely on Fibonacci ...

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 ...

The USD/JPY currency pair on Friday edged higher to trade at around 106.615. However, still remained within the limits of the consolidative triangle pattern. The currency pair has been trading within ...