Home/Tag: Chart Patterns

Expanding Triangle – How to trade with this price pattern?

2020-10-01T21:12:27+00:00By |Categories: Technical Analysis|Tags: , |

What is the expanding triangle pattern? The expanding triangle pattern, also known simply as expansionary formation, is formed during periods of very high market volatility, with many price oscillation and a not very clear trend. With each swing the pattern expands further, forming two opposite trend lines. An expanding triangle consists of a series of [...]

The Best Forex Daytrading Strategies IV

2020-07-12T04:09:17+00:00By |Categories: Forex Education, Trading Systems|Tags: , , |

In this article we finish the series on daytrading and scalping strategies based exclusively on price action applicable to Forex and other markets, we hope you have liked it. These strategies are based on the identification of classic price patterns from technical analysis. You can access the third article in the series at the following [...]

The Best Forex Daytrading Strategies III

2020-07-12T03:28:07+00:00By |Categories: Forex Education, Trading Systems|Tags: , , |

In this article we will continue with the series of articles on scalping and daytrading strategies based exclusively on Price Action that may be useful for you to trade in Forex, although they can also be adapted to other markets. These strategies are based on the identification of classic price patterns from technical analysis. You [...]

The Best Forex Daytrading Strategies II

2020-06-02T19:06:12+00:00By |Categories: Forex Education, Trading Systems|Tags: , , |

In a previous article we explained some basic day trading strategies for Forex and other markets, mainly based on price action. Continuing with the series on daytrading strategies based exclusively on Price Action (the most common price patterns), we are now going to present another series of strategies based on classic price patterns of technical [...]

What is a bullish trend channel?

2020-06-03T18:52:13+00:00By |Categories: Forex Education|Tags: |

An ascending channel is a chart pattern formed by two parallel lines and with ascending inclination that contains the price action. It is also known as a bullish trend channel or simply a bullish channel. Although the price does not always adapt perfectly to the interior of the canal, the lines that form it point [...]

Island Reversal Price Pattern

2020-06-04T05:36:01+00:00By |Categories: Forex Education|Tags: |

Description of the Island Reversal Island reversal is a trend change pattern which forms a gap on both sides. This chart pattern is most likely shown when the market trend proceeds to its last level. The name island reversal is obtained from the fact which the candlestick appearing alone, that is quite alike in the island. [...]