In the dynamic world of forex trading, understanding chart patterns is crucial to making the right decisions. One widely used pattern in technical analysis is the consolidation pattern. Consolidation ...
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...
NZDUSD claims 200-day SMA and descending trendline. But the pair fails to rally, extending sideways move. Oscillators improve but remain in negative territories. Stefanos joined XM as a Junior ...
Chart expert Gianni Di Poce wants traders to be able to identify and understand chart patterns for many reasons. One that he highlighted during Benzinga's recent Stocks & Options 101 Boot Camp: "there ...