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.
Through these patterns, the traders can comprehend the shifts in the price of a particular company’s stock. These candlestick charts also identify trend reversal patterns like counterattack lines.
USD/CHF looks like it is reversing the uptrend of the last five weeks. The technical evidence is building for the case the ...
A steep unwind in USD/CAD should have traders on alert for a potential bearish engulfing candle on the daily chart, ...
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 ...