Wedge Patterns in Forex: A Practical Guide for Traders
A wedge is a chart pattern that appears when price action narrows over time between two converging trendlines. In forex trading, wedges are…
Flag Pattern in Forex: What It Is and How Traders Use It
The flag pattern is a common chart formation traders watch for in forex markets. It appears after a sharp, directional move and represents a…
Triangle Patterns in Forex: What They Are and How Traders Use Them
Triangle patterns are one of the most familiar shapes you’ll see on a forex chart. They appear when price action gradually tightens between…
Head and Shoulders Pattern in Forex: What It Means and How Traders Use It
What the head and shoulders pattern is The head and shoulders is a price‑action formation traders use to spot potential trend reversals.…
Double Bottom in Forex: What it is and how traders use it
A double bottom is a common chart pattern traders watch for when a currency pair may be finishing a downtrend and preparing to move higher. It…
What is the Double Top Pattern in Forex?
A double top is a familiar chart shape that traders use to spot a potential reversal in an uptrend. On a price chart it looks like the letter…
Chart patterns in Forex: a practical guide for traders
What is a chart pattern? A chart pattern is a recognizable shape formed by price action on a currency pair’s chart. As buyers and sellers…
Continuation Patterns in Forex: What They Are and How Traders Use Them
What a continuation pattern is A continuation pattern is a chart formation that appears during an existing trend and suggests the market is…
What a Reversal Means in Forex and How to Trade It
A reversal in forex is a change in the prevailing direction of price: an uptrend that stops making higher highs and starts to fall, or a…
What Is a Pullback in Forex and How Traders Use It
A pullback in forex is a short-lived price move that goes against the dominant trend before the trend resumes. In plain terms, when a currency…