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  Forexopia  »  Intermediate  »  Chart Patterns Forex Trading

Chart Patterns Forex Trading
Intermediate Forex Trading Guide - Reading the charts - understanding Technical Analysis, chart patterns, candlesticks & more

1What 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.
2Ascending Triangle
Ascending Triangle is formed when bulls push the market close higher and higher until bears loose their ground.
3Descending Triangle
Descending Triangle is formed when bears push the market close lower and lower until bulls loose their ground.
4Symmetrical Triangle
Symmetrical Triangle
5Flags and Pennants
Flags and Pennants


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