When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...
The falling wedge pattern (also known as the descending wedge) is a useful pattern that signals future bullish momentum. This article provides a technical approach to trading the falling wedge, using ...
Wedges can offer an invaluable early warning sign of a price reversal or continuation. Learn all about the falling wedge pattern and rising wedge pattern here, including how to spot them, how to trade ...
Day-traders wouldn’t exist if it wasn’t for charts, graphs, and patterns. Technical analysis is the key used by intraday traders and most short-term traders to analyze price movements. Technical ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
When higher lows are being formed faster than higher highs on price charts, it leads to a chart pattern identical to a wedge. The Wedge pattern can either be a continuation pattern or a reversal ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Khadija Khartit is a strategy, investment, and funding expert, and an educator ...