Typically seen after a big move in one direction in a particular financial instrument, flags and pennants represent brief consolidations or pauses in the market before a resumption of the trend in ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

Pattern recognition is one of the most beneficial traits humans have acquired through evolution. Processing information into patterns that enhance decision-making is why you can succeed in your ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...

A bull flag pattern resembles a flag on a pole and appears when a cryptocurrency is experiencing a significant price rise. Many security price forecasters use technical analysis, sometimes referred to ...

Joey Fundora has 17+ years of experience as an independent stock trader, specializing in discretionary swing trading through technical analysis. Bullish flag formations are found in stocks with strong ...

Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...

Buy the BTC/USD pair and set a take-profit at 112,000. Add a stop-loss at 104,000. Timeline: 1-2 days. Bearish view Sell the BTC/USD pair and set a take-profit at 104,000. Add a stop-loss at 112,000.