In this article, we will discuss the rule of 5 candles and reversal patterns. This rule can be useful for both novice traders and experienced bulls or bears. So if you didn't hear about it earlier, keep reading the post.
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Features of Japanese Candlesticks Analysis
1:41 PM
Oct 21, 2020
7451
Earlier in our blog, we talked about the structure of Japanese candlesticks and the main candlestick patterns. Unfortunately, learning a few patterns might not be enough for a high-quality technical analysis. To understand and correctly predict further market behavior, you need to figure out how to analyze the Japanese candlesticks. Let's get down to it.
Low-Risk Symmetrical Triangle Trading Strategy
3:42 AM
Sep 25, 2020
9586
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.
Guide on Trading Ascending and Descending Triangle Patterns
2:53 PM
Sep 24, 2020
8707
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.
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