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 ...
Flag consolidation: The EUR/USD is developing somewhat of a flag pattern as it consolidates just under the 2012-high of 1.3485. This “flag” is a little premature as it lacks establishment of support, ...
https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/03/14/EURUSD-Retail-FX-Remain-Net-Short-Bear-Trap-or-Continuation.html The retail FX crowd ...
The small correction within the context of a broader uptrend supports a bullish bias The recent correction in USD/JPY has found some buying support at the psychologically significant 102.00 handle, ...
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 ...
The EUR/JPY has been in a steady uptrend marking a zig zag pattern followed by a huge bullish W pattern. At this point we have a possible continuation and a possible retracement to POC zone 129.95-130 ...
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