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Dark Cloud Cover and Piercing Line Candlestick Patterns in Forex Trading

Dark Cloud Cover is a bearish candlestick pattern. It means when it forms at the top of an uptrend, the uptrend can reverse and go down after that. Dark Cloud Cover forms by a bearish candlestick that opens above the...More

Abandoned Baby Candlestick Pattern

There are some special candlesticks with special names. However, the way that some candlesticks form against each other, forms some special candlestick pattern. Abandoned Baby is one of these candlestick patterns. What Is Abandoned Baby Candlestick Pattern? Abandoned Baby is...More

Bullish Engulfing and Bearish Engulfing Candlestick Patterns in Forex Market

Engulfing Patterns are the strongest and most effective candlestick patterns. They are the patterns that we follow religiously. The reason is that when they are strong enough, the market usually follows them strongly. They can be the beginning of the...More

Descending Triangle Breakout in Forex Trading

I have already published two articles on the Symmetrical and Ascending triangles: Symmetrical Triangle Ascending Triangle All the important points about the triangle patterns are explained in those two articles, specially the Symmetrical Triangles one. I recommend you to read them very carefully. What...More

Ascending Triangle Breakout in Forex Trading

Before reading this article, I recommend you to read the article that I have published about the Symmetrical Triangles. That article has a lot of important points that you’d better to know. Also, you’d better to know about the Symmetrical Triangles...More

Symmetrical Triangle Chart Pattern Breakouts on Forex Trading

Triangles are among the most famous chart patterns. And, Symmetrical Triangle is the most famous and popular kind of triangle chart patterns known in technical analysis. There are some professional traders who only trade the triangles, because they believe triangles are much...More

Butterfly and Bat Patterns in Forex Market [with Video]

Chart patterns are among the most important tools we can use to guess the next market direction, take a position and make some money. So far, I have talked about triangles, wedges, flags, pennants, rectangles, head and shoulders, and cup and handle...More

Cup and Handle Pattern in Forex Market

Cup and Handle or Saucer and Handle pattern is one of the strongest patterns I have ever seen. This pattern doesn’t forms on the charts too often, because unlike the other patterns like triangles, head and shoulders, rectangles and… it takes a...More

Longer Time Frames and the Patience that Pays Off

We trade Forex to make money. “Forex” is a good investment opportunity to increase your wealth. No doubt that everybody loves to make more money if possible. Novice traders start learning Forex while they already know that they can potentially make...More

Candlestick Patterns and Signals that Make Money

It can take you a long time if you want to learn and understand all candlestick patterns, their names and meanings. It can look too confusing and tiring when you start reading about them. Sometimes I see traders argue for several...More

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