Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is 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 ...
Stock chart patterns can be a vital tool for investors. They provide an exceptionally detailed level of a stock’s trend lines. This can give a major leg up against the competition. This is why they ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Chart patterns reveal trader psychology and can signal trend continuation, reversal, or market indecision—specially when ...
When we look at price patterns on a chart, to a great degree, we can think of them as human behavior plotted on a screen. On a price chart, in a muscular uptrend, we can see emotions ranging from ...
A cup-and-handle pattern is the name of a chart pattern used in technical analysis that describes a bullish continuation trend in the price of a security, typically a stock. Traders sometimes use this ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
The US Dollar rebounds from its lows, but the overall trend remains downward. Gold (XAU) is consolidating at record levels and seeking support for further upside potential. Silver (XAG) shows positive ...