Breakoutscan generally offer some of the higher potential risk/reward setups, allowing traders to keep stops tight relative to potential profit target. One very popular way of doing so is by trading ...

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...

GBP/AUD continues to rise inside the daily Rectangle chart pattern which was earlier identified by Autochartist. Autochartist rates the quality of this Rectangle at the 7-bar level – which is the ...

The rectangle tends to be a reversal pattern. I love the pattern because its boundary lines are horizontal, meaning that a successful breakout also resolves the complete congestion zone. The targeting ...

Cryptocurrency trading can feel like you’re navigating a maze without a map. With digital assets’ prices swinging wildly, understanding crypto chart patterns becomes your secret weapon. These patterns ...

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 ...

As mentioned in late February, we believe the onshore yuan is in the process of forming a double bottom against 6.26 per US dollar, in what now looks like a rectangle chart pattern. This has taken ...

In this section we'll look at four more patterns that are commonly identified by technical analysts. These occur when a market price starts to converge towards a single point. How the triangle is ...

The chart patterns identified are based on established principles of technical analysis and are presented solely for informational purposes. These should not be misconstrued as a recommendation to buy ...