Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

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 ...

In forex trading, success often hinges on the ability to decipher market sentiment and predict price movements accurately. Forex chart patterns are recurring trends in price charts that offer ...

Many technical forex traders and professional technical analysts now use the well known chart patterns established by stock and futures traders over the years to generate trading signals and forecast ...

Forex trading patterns answer specific conditions. Do not try overly hard to identify a pattern, the good ones will jump out at you. Are chart patterns always right? No. There is nothing 100% correct ...