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Trading with Rectangles
The rectangle pattern is another chart pattern that traders should watch out for. This pattern is a continuation chart pattern that appears as a period of consolidation in the middle of a trend, with the asset resuming its move in the direction of the previous trend post-consolidation. Two trend lines can be drawn to connect […]
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Tweezer Tops and Bottoms
In today’s article, we will discuss another set of candlestick patterns which are not very popular, but will yield profits for those traders who know how to use them. These are candlesticks known as Tweezers, and the two patterns to be discussed are the Tweezer top and Tweezer bottom. As the names imply, they signal […]
Read Some MoreTrading the Double Bottom Pattern
Today’s topic is on how to use another common chart pattern to pick up pips from the Forex market otherwise known as the DOUBLE BOTTOM. The double bottom is a bullish reversal pattern that signifies when prices have bottomed out and are ready for an upside reversal. It is like the currency pair is saying: […]
Read Some MoreTrading the Double Top Pattern
Today we will talk about yet another chart pattern that traders can use to glean profits; the DOUBLE TOP pattern. The double top is a bearish reversal pattern that signifies when prices have topped out and are ready for a reversal. The double top is made up of two successive peaks that are formed as […]
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