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.
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 ...
Harmonic price patterns are precise, requiring the pattern to show movements of a particular magnitude in order for the unfolding of the pattern to provide an accurate reversal point. A trader may ...
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 ...
USD/CHF looks like it is reversing the uptrend of the last five weeks. The technical evidence is building for the case the ...