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 ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

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 ...

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 ...

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 ...

Nigeria’s currency traders see repeating rhythms across the calendar. Liquidity shifts, corporate flows, and global news cycles create tendencies that appear year after year. Understanding these ...

In this webinar recording, we assessed a corrective pattern in Elliott Wave Theory that is a difficult one to trade, the flat. There are three types of flat patterns: Regular Irregular or expanded ...

Based on the trading action Sunday night and early Monday morning, it looked as if the major Forex markets were ripe for a turnaround versus the Dollar because of the escalating conflict between ...

Forex traders are dealing with choppy and overlapping price action that is becoming very reliant on regional market open and closes, and very reactive to red-flag calendar releases. During these times ...