Article Summary: Breakout and Reversal price action patterns are very helpful to traders new and experienced. The reason for their helpfulness is that once a currency pair has shown its hand and taken ...

News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP The Australian Dollar remains under pressure against the US Dollar despite a rise in consumer confidence. Westpac consumer ...

In the Chart Patterns one of the types is the Broadening Bottom and Broadening Top Pattern. The Pattern forms a megaphone-like appearance with higher highs and higher lows that widen over the time.

Markets often appear strongest at the very moment they begin transitioning from accumulation to distribution. That subtle handoff, when smart money starts unloading positions to latecomers, rarely ...

In technical analysis, chart patterns play a vital role in understanding the current state of the stock and predict its prospect with regards to the market. The "broadening bottom" and "broadening top ...

The GBP/USD has formed a broadening bottom / megaphone pattern exactly at W L3 and W H3 camarilla pivot. Originally this is a bullish reversal pattern and The GBP/USD has formed a broadening bottom / ...

The GBP/USD has formed a broadening bottom / megaphone pattern exactly at W L3 and W H3 camarilla pivot. Originally this is a bullish reversal pattern and the price could reverse from the 1.2815-25 ...