Chart Patterns

Chartist analysis in forex consists of identifying figures on the price chart, these are usually repeated historically so you can practice in their identification, also they are usually formed in different financial instruments and periods of time, and through them, it is possible to predict with some reliability where the next price movement will follow. It is perhaps the most classic form of analysis in Forex and surely one of the most effective, so your knowledge is always very advisable.

[caption id="attachment_57083" align="aligncenter" width="3338"] Ascending Triangle[/caption]

Pullbacks we will talk about are described as a correction candle (or bar) after a bigger, sudden price movement candle (period) on any asset...

If you are new to forex trading, chart patterns are likely to attract your attention quickly because the trader community is full of praises...

Introduction

Chart Patterns: Start Here

Wedge Patterns

Chart Patterns – Broadening Pattern & The Diamond Pattern

The Head And Shoulders Pattern

Flags and Pennants If you’ve ever traded a chart and you’ve seen what looks like a reversal in the trend, but as soon as you...

Symmetrical Triangles

[caption id="attachment_57098" align="aligncenter" width="3338"] Descending Triangle[/caption]

The most common term people associate with retracements in price that retest prior areas of support or resistance is a pullback. There is another...