Are you looking to enhance your trading skills and maximize your profits in the stock or forex market? Understanding and effectively utilizing trading patterns can be a game-changer in your journey to ...
Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...
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 ...
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, ...
Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...
-- Buy the EUR/USD pair and set a take-profit at 1.0500. -- Add a stop-loss at 1.0300. -- Timeline: 1-2 days. Bearish View -- Set a sell-stop at 1.0375 and a take-profit at 1.0300. -- Add a stop-loss ...
A double-bottom base is a chart pattern commonly used in technical analysis to identify a solid reward-to-risk zone in a stock. Double-bottom base structures take on a shape like a letter W and have ...
Buy the AUD/USD pair and set a take-profit at 0.6500. Set a stop-loss at 0.6350. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6350. Add a stop-loss at 0.6500. The ...