Intermediate Forex Trading Guide - Reading the charts - understanding Technical Analysis, chart patterns, candlesticks & more
1
What is a Chart pattern Chart patterns are used to identify the market trends - its a part of technical analysis and provide strong signals of the upcoming price movement.
2
Ascending Triangle Ascending Triangle is formed when bulls push the market close higher and higher until bears loose their ground.
3
Descending Triangle Descending Triangle is formed when bears push the market close lower and lower until bulls loose their ground.
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