The History of Forex In the past, the value of goods and services were expressed in terms of other goods. This exchange system was called the barter system. The first coins to be used as a medium of exchange were made from gold and silver. Later on, during the Middle Ages, people began to use…
FALLING WEDGE Pattern A continuation or reversal pattern. Price forms lower swing highs and lower swing lows which both converge towards one The pattern is confirmed on a break of the upper trendline of the pattern.
RISING WEDGE Pattern A continuation or reversal pattern. Price forms higher swing highs and higher swing lows which both converge towards one The pattern is confirmed on a break of the lower trendline of the pattern.
Pennant Pattern A continuation Price forms a short-term symmetrical triangle pattern (smaller scale than the usual symmetrical triangle). The pattern is confirmed on a break of the pennant in the continuation direction. Two timeframe trend following strategy Quick Candlestick Analysis Avatrade Discussion About Pinbar Trading
Flag Pattern 1.A continuation Pattern. 2.Price forms a short term Consolidation,tilted against the direction of the market trend,between approximately parallel sloping support. & 3.The pattern is confirmed on a break of the pattern in the continuation direction.
RECTANGLE A continuation Price forms a short-term range with level swing highs forming short-term resistance and level swing lows forming short-term support. The pattern is confirmed on a break of the pattern in the continuation direction. Nials top 7 Trading Entry Tips Timeframes and Trend Discussion About Pinbar Trading Trade Idea with Various…
DESCENDING TRIANGLE A continuation Price contracts with lower swing highs (falling trendline) and level swing lows (short-term support) towards a single The pattern is confirmed on a break of short-term support, usually occurring in the final third of the pattern. Shooting Star Trading Strategy Two timeframe trend following strategy What Is Trend Line…
ASCENDING TRIANGLE A continuation Price contracts with level swing highs (short-term resistance) and higher swing lows (rising trendline) towards a single The pattern is confirmed on a break of short-term resistance, usually occurring in the final third of the pattern. Shooting Star Trading Strategy Double Top Chart Pattern Double Bottom Chart Pattern…
SYMMETRICAL TRIANGLE A continuation Price contracts with lower swing highs (falling trendline) and higher swing lows (rising trendline) towards a single The pattern is confirmed on a break of the triangle, usually occurring in the final third of the pattern. https://youtu.be/ceC0FIwm_gI