Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
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 ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on Baidu ADR Reptg 1/10 Ord Shs Class A (BIDU on NASDAQ). This bullish signal indicates that the price may rise from the ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
AUD/USD is probably completing a Bull Flag continuation pattern with bullish implications. A break above the May 16 high would validate the pattern and indicate more upside to the pattern’s price ...
Swing trading is a popular trading style that aims to capture short- to medium-term gains in a stock or any financial instrument over a few days to several weeks. One of the key components of ...
Price action trading creates chart patterns in the financial markets through the buying and selling of positions by traders and investors. A chart pattern is a visual record of the votes by bears and ...
Silver prices finished down this week largely tracking the price of gold lower. While the long term upward trend remains firmly intact the price may have arrived at an attractive level for entering ...
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