When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be instrumental in ...

Technical analysis allows for the study of a variety of different trading patterns to assist traders timing their entries and exits. One of the most useful patterns in a trending market environment is ...

JPY crosses are showing mixed momentum ahead of this week’s key risk events. USD/JPY is extending gains toward the 149.00 handle before the US CPI release, supported by broad US dollar strength. In ...

A triple bottom is a classic forex reversal pattern that signals a bearish trend is likely ending and a bullish reversal is underway. It consists of three successive lows (troughs) at roughly the same ...