If your question is, what is the difference of Pennant and Wedge chart patterns, then I answer you here at the beginning of this article. However, make sure to read the rest of this article because knowing the difference between Pennant and Wedge doesn’t help you to make money as a Forex or stock trader.… Continue reading Difference Between Wedge and Pennant Chart Patterns
Category: Chart Analysis
Rectangle Chart Pattern Breakouts Trading
The fact that you are here on this page means that you are either a Forex or stock trader who wants to learn chart analysis and now wants to know more about the Rectangle Chart Pattern and trading the breakouts of this pattern. Chart analysis basics are the same. Therefore, what you learn in chart… Continue reading Rectangle Chart Pattern Breakouts Trading
Forex Chart Analysis the Way Professional Traders Do It
What we know as Forex chart analysis has come from stock traders. It is the result of decades of struggling, blood and tears of stock traders who invented a science that now works for us and enables us to locate buy/sell signals on markets’ price charts. Fortunately, you can now learn all chart analysis techniques… Continue reading Forex Chart Analysis the Way Professional Traders Do It
Triangle Chart Patterns: Symmetrical, Ascending and Descending
Triangle Chart Patterns are among the most famous chart patterns in technical analysis. There are some professional traders who only trade Triangle Chart Patterns because they believe triangles are much easier to locate, and also much easier to take a position, set the stop loss and target, when a triangle is formed on a bullish… Continue reading Triangle Chart Patterns: Symmetrical, Ascending and Descending
How to Trade Butterfly and Bat Patterns
Chart patterns are among the most important tools we can use to guess the next direction of markets, 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 patterns. In this article, I will talk about some other kinds of… Continue reading How to Trade Butterfly and Bat Patterns
Cup and Handle Pattern: How to Use It in Your Trading
Cup and Handle or Saucer and Handle pattern is one of the strongest patterns I’ve ever seen. This pattern doesn’t forms on charts very often because unlike other patterns like Triangles, Head and Shoulders, Rectangles etc., Cup and Handle pattern takes a long time to form. However, when it forms, it is so reliable and… Continue reading Cup and Handle Pattern: How to Use It in Your Trading