When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...

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 ...

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 ...

Buy the GBP/USD pair and set a take-profit at 1.3565. Add a stop-loss at 1.3300. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3565. The ...

Harmonic patterns can be used to spot new trading opportunities and pricing trends – but only if you know exactly what you are looking for. Read on to learn about the top harmonic patterns, and how to ...