Forex chart patterns fall into three categories — reversal, continuation and bilateral. While continuation patterns signal that the prevailing trend line will resume, reversal patterns signal ...
Triangles, flags and pennants are among the best continuation chart patterns, while popular reversal patterns include double and triple tops and bottoms and head and shoulders tops and bottoms.
The bounces were producing what chart watchers refer to as “key reversal” patterns, which suggest that new short-term uptrends may have just begun. The U.S. Global Jets ETF opened down 0.6% at ...
Traders find it comfortable going with the flow of trends in the stock market However, being caught in the reversal can be terrifying. Technical analysis, especially candlestick patterns helps in ...