Trading chart patterns are specific and repeated areas on the price charts and sometimes they are called price patterns or formations. Here you can find the description of the 14 most popular trading chart patterns.
All posts
Today we will talk about price action analysis, an important aspect of technical analysis on Forex. Price Action analyzes price behavior and patterns and can identify almost any market trend.
In the article, we will discuss horizontal support and resistance levels: how to draw them and how to use alongside simple indicators of tech analysis.
A Japanese candlestick chart looks like a rectangle with two "tails" on the top and at the bottom. Same as the bars reflects four prices...