Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
You can think of forex patterns, as dance patterns. You gotta find a pattern, memorize it, and use it as a signal for the next (dance) move. As naughty as the currency pairs may be, they often give us ...
Consolidation breakout: Since finding resistance at 1.5411, GBP/USD has been consolidating, coming down to 1.5270. However, during the 4/16 US session, cable rallied an broke above the consolidation ...