“Unlock the Secrets: Mastering Forex Chart Patterns Could Transform Your Trading Game!”
Reversal patterns work best when combined with other technical analysis tools like trend lines, moving averages, and indicators, as well as fundamental research tools like economic data and current events, as they are not always a reliable signal of a trend reversal. The market’s volume and volatility should also be taken into consideration by traders because they have an impact on the accuracy of reversal patterns.
Trading Continuation Patterns
Continuation patterns are chart formations that indicate that the existing trend is likely to resume. Common continuation patterns include the ascending and descending triangles, wedge formations and flag patterns.
