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 ...

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 ...

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 ...

Here are descriptions of a number of important reversal patterns which should help you detect them better as well as improving your trading results. Double Top and Bottom Patterns Double top patterns, ...

Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend ...

The USD CAD is showing signs of a short term top after rallying for almost two weeks. The closing price reversal top at 1.0726 was not confirmed overnight. This means there is still upside potential ...

Dollar and yen were under much pressure in the early part of last week as optimistic investors sent global stocks higher. Economic data were generally positive, until the release of worse than ...

The USD CHF could fall considerably if the U.S. stock market falls today, At this time the stock market is susceptible to a decline because of weaker than expected Retail Sales and more financial ...