Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
In technical analysis, traders interpret the head and shoulders formation as a strong sign that a trend reversal is in process. Traders tend to focus too much on timing the right entry to a trade, but ...
Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
Head and shoulders pattern trading can be a great way to predict and capitalize on the end of a trend and an impending price reversal. A trend reversal formation, head and shoulders patterns are easy ...
Markets can be volatile at times. But even amid volatility, there are opportunities for pattern trading – including butterfly pattern trading. This charting pattern is the product of volatility and ...