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 ...

Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

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 ...

Many technical forex traders and professional technical analysts now use the well known chart patterns established by stock and futures traders over the years to generate trading signals and forecast ...

Forex trading patterns answer specific conditions. Do not try overly hard to identify a pattern, the good ones will jump out at you. Are chart patterns always right? No. There is nothing 100% correct ...

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 ...