Introduction Descending scallop is a price pattern that looks like a reversed J-shape. This formation can be used to illustrate...
Read moreThe ascending scallop is a J-shaped pattern with a rounded bottom/valley in between the formation. It has two peaks –...
Read moreThe vortex indicator consists of two lines, and when they intersect, buy and sell signals are generated. This indicator is...
Read moreSimilar to moving averages, you can use the HMA indicator to point out when a trend is about to shift...
Read moreNo technical analysis in forex is possible without a chart because that is often the first thing we view whenever...
Read moreYou can create Fibonacci retracements by using Fibonacci ratios for dividing the vertical distance into peaks and troughs. These levels...
Read moreThe value of ADX swings between 0 and 100, and you can determine how strong a trend is by monitoring...
Read moreForex traders are always looking to grow their accounts, for which they need to identify trends and find suitable trading...
Read moreForex traders rely on many tools to make better decisions. Some advanced traders in large investment banks spend thousands of...
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