Today we'll talk about the Wedge. Visually, the figure resembles a triangle. However, this pattern produces clearer signals. During the formation of the triangle, you have to wait for the breakout of one of the triangle sides in order to determine the further price movement. The wedge gives a clear reversal signal.
Forex trading A Few Words About Symmetrical Triangle
3:42 AM Sep 25, 2020
In the last article, you learned about the reversal patterns - ascending and descending triangles. Now we’ll talk about symmetrical triangles.
Forex trading Let's Talk About Triangles
2:53 PM Sep 24, 2020
When the market situation becomes uncertain the charts often form different types of Triangle figures. This is one of the most common patterns in Forex. Once you learn how to spot triangles on charts you’ll get a whole variety of additional trading opportunities.
Forex trading How to Make Money on "Rounded Bottom" Pattern
7:59 AM Sep 16, 2020
The Rounded bottom pattern, also called the "Saucer", refers to reversal patterns. It is a quite rare pattern but it gives a fairly accurate signal about the end of the current trend. Its unusual shape makes it almost impossible to miss. The main thing is to enter the trade on time.
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