A symmetrical triangle is quite a popular neutral pattern. However, the breakout is more decisive toward the overall trend. A triangle usually shows that the market is undecided about the price. Two more signals are the higher lows and the lower highs, which tell us that the market seems listless. A symmetrical Forex triangle usually has no difference if you compare it with trading in any other market.
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Guide on Trading Ascending and Descending Triangle Patterns
2:53 PM
Sep 24, 2020
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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. Therefore, you should understand the peculiarities of triangle trading in Forex, as this pattern is widespread and often found not only in the currency market but also in crypto and other markets. Once you learn how to spot triangles on charts you’ll get a whole variety of additional trading opportunities. Many traders have their own opinions on trading triangles, so let's find out what will suit your trading style based on a descending and ascending triangle.
All you need to know about the Rounding Top and Rounding Bottom Patterns
7:59 AM
Sep 16, 2020
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Today we will talk about quite an unusual pattern called the Rounding bottom. You do not have to be a professional trader to recognize it. This article will also tell you about Rounding top formation so you will have theoretical knowledge that helps to make a profit in such a tough market.
Trade the Trend Safe with the "Three Indians Pattern"
3:24 AM
Aug 25, 2020
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Today we will talk about a universal pattern that gives signals in both directions depending on a trend. Trend trading is a good way for beginners to learn the trade, but you should remember that nothing lasts forever. A trend can quickly reverse into a countertrend and drag your trade into the red, while the big players will record their super profits. It’s important for you to learn how to draw resistance or support lines for the Three Indians pattern and find the entry point correctly. Keep on reading.
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