Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...

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 ...

Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

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 ...

A triple bottom is a classic forex reversal pattern that signals a bearish trend is likely ending and a bullish reversal is underway. It consists of three successive lows (troughs) at roughly the same ...

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Article Summary: Extremely low forex volatility levels warn against chasing US Dollar strength as it starts the week higher. We continue to favor low-volatility range trading until further notice. Yet ...

Japanese candlestick patterns are among the most widely used tools in technical analysis, and those formed by three or more candles are generally considered the most reliable. The Three Inside Up and ...

Line charts are the most basic type of forex charts. They simply plot the closing prices of a currency pair over a period of ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...