Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

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 ...

News that a Korean Bank is “considering” an investment in Lehman Brothers helped rally the Dollar on Friday. The strong up move erased about half of the Dollar’s loss against a few of the majors, ...

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 ...

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, ...

Forex Training Class. We will diagram the Forex Chart Pattern, the Ascending Triangle Pattern and the Descending Triangle Pattern, as they are found often in the Forex Market. We will go over a real ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Euro (EUR) traders speculate on the strength of the Eurozone economy, compared ...

The EUR USD rallied early Wednesday as traders reduced speculation the ECB would cut rate before the end of the year. Comments from ECB Executive Board Member Axel Weber put an end to the talk that ...