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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 ...
Find out how many technical forex traders use forex chart patterns to inform their trading and forecast future exchange rate movements.
Continuation patterns can be seen on all time frames, from a tick chart to a daily or weekly chart. Common continuation patterns include triangles, flags, pennants, and rectangles.
Chart patterns can offer important insights into whether a price trend is likely to continue in the same direction or reverse.
In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Here we highlight three stocks that have recently formed bullish chart patterns ...
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 ...
Having a good knowledge of continuation chart patterns allows investors to speculate positively about the course of the trend.
In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. Triangles are similar to wedges and pennants and can be either a continuation pattern, if ...
A chart pattern is a visual record of the votes by bears and bulls around different price levels. There are different types of chart patterns. Continuation chart patterns that confirm a trend is going ...
Chart patterns are an integral aspect of technical analysis, but they require some getting used to before they can be used effectively. To help you get to grips with them, here are 10 chart patterns ...