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XRP is showing signs of a potential breakout after forming an inverse head and shoulders pattern on the 4-hour chart.
The 4-hour chart shows a completed Elliott Wave corrective structure. In contrast, the 1-hour chart indicates an early-stage ...
The falling wedge pattern can be observed on various timeframes, including intraday charts like the 15-minute or 1-hour charts that day traders might use and on longer-term daily or weekly charts ...
Market Extra What the big ‘key reversal’ pattern in MicroStrategy’s stock chart could mean The behavioral pattern suggests a big battle at a key level that was convincingly won by bears ...
The sushi roll reversal pattern is a 10-bar sequence that offers an early heads-up of a trend change. ... Consider a real-world sushi roll pattern observed on the GBP/USD 1-hour chart.
EUR/USD is testing a key 38.2% Fibonacci level on the daily chart. A bullish bounce did take place at the 23.6% Fib. Will the next Fib also act as support?
On the 1-hour chart, the recent structure appears to be forming an ABC corrective pattern after a completed 5-wave move down. Waves A and B are already in place, and wave c potentially targets the ...
Periods on the candlestick chart may be one minute, five minutes, 15 minutes or one hour, depending on the time frame used by the trader. Bullish candlesticks are usually hollow/white or green and ...
The 9 Forex chart patterns discussed in this article are both trend-following and also trend-reversal patterns. Thus, you can apply them across different market conditions. Also, chart patterns can be ...
Common Chart Patterns in Swing Trading. Head and Shoulders. Head and shoulders is one of the most recognizable reversal patterns that signal a potential change in trend direction.
The key reversal is a two-day pattern. On Wednesday, MicroStrategy's stock gapped higher at the open, meaning it opened above the previous session's intraday high.