Today we'll talk about the Wedge. Visually, the figure resembles a triangle. However, this pattern produces clearer signals. During the formation of the triangle, you have to wait for the breakout of one of the triangle sides in order to determine the further price movement. The wedge gives a clear reversal signal.
Latest Articles
Why Investing During a Crisis is Important?
10:21 AM
Sep 21, 2020
6980
Markets are cyclic. There are some periods when they are wild, and people lose a lot of money during these periods. The US economy survived six recessions from 1973 to 2009, but some traders and investors earned enormous money. Does it mean you should stay away from the markets and stop trading? Or should you open new trades even more often? Forex trading has many dangers, even in quiet times, so if you can change your thinking and trading style, you should invest. Let's clarify why investing is important in a crisis.
Use This Trading Approach to Get Your Freedom and Financial Independence
8:47 AM
Jun 25, 2020
7922
Many novice traders aim to make Forex their main source of income and, most importantly, their main job. They see themselves in front of computers looking at charts, opening dozens of successful trades per day. Only with time, they realize that it’s not what professional trading is about.
The Whole Truth About Currency Trading. Part I
2:06 PM
Jun 11, 2020
8832
Many dishonest brokers, Forex mentors, signal providers, and money managers intentionally embellish the opportunities of traders in the FX market. Their main task is to attract a client and get as much profit as possible from him. That is why the Internet today is filled with false information about Forex.
Popular articles
Stay tuned for the latest FXCL stories
How to get 5000$ in 30 minutes
By leaving your address, you agree to receive our e-mails. But you can unsubscribe at any time