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Forex chart patterns are recurring formations on price charts that provide valuable insights into potential market trends and reversals. Traders use these patterns to identify opportunities for ...
Harmonic patterns are price-based chart patterns, first established with the Gartley pattern invented by H. M. Gartley in the 1930s.
Forex Training Class. We will diagram the Forex Chart Pattern, the Ascending Triangle Pattern and the Descending Triangle Pattern, as they are found often in the Forex Market. We will go over a real ...
Forex chart patterns help traders find entry and stop points. The Head and Shoulders pattern can be a topping formation after an uptrend, or a bottoming formation after a downtrend. Triangles can ...
While there are many forex chart patterns of varying complexity, two common chart patterns provide a relatively simple method for currency trading. These are the head and shoulders and the triangle.
Today, we are going to examine the forex flag pattern which is one of the most successful chart patterns in technical analysis according to Thomas Bulkowski, author of the book entitled ...
The pattern is also known as the “Gartley 222” because the pattern originated from page 222 of H.M. Gartley’s book, Profits in the Stock Market that was published in 1935 and reportedly sold ...
The rising wedge pattern occurs quite often on exchange rate charts, giving forex traders valuable trading signals they can use to initiate positions.