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 ...
As continuation patterns, ascending triangles talk about two different forces working simultaneously in a chart. It always happens, bulls versus bears, but with ascending triangles, the bears are ...
What are bull and bear flag patterns? Bull and bear flag formations are price patterns which occur frequently across varying time frames in financial markets. These patterns are considered ...
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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 ...
1. The US dollar. Some amateur chartists see a bull continuation h&s (head and shoulders) pattern on the weekly chart of the US dollar. I suspect this analysis comes from the non-stop pounding I gave ...
Learning and recognizing patterns on price charts can help you make sense of wild crypto price fluctuations. Below are three common patterns to get you started. In technical analysis, chart patterns ...