Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...
When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...
A. A chart pattern is a visual representation of price movements. When data is plotted, a pattern naturally occurs and repeats over a period of time. In short, they are geometric shapes found in ...
USD/CAD may test its immediate support at the psychological level of 1.4250. The bearish bias may diminish if the pair rises back to the rectangular pattern. The pair could approach the primary ...