If you have been around the Forex market for any length of time, then you definitely have heard about chart patterns and their importance in technical analysis. If you want to learn more about chart patterns and their corresponding signals in trading, then this book will provide you with a knowledge of classical chart pattern trading. We will go through the most important chart figures in Forex and we will discuss their potential.
What Are Forex Chart Patterns?
Forex chart patterns are on-chart price action patterns that have a higher than average probability of follow-through in a particular direction. These trading patterns offer significant clues to price action traders that use technical chart analysis in their Forex trading decision process. Each chart pattern has the potential to push the price towards a new move. Forex traders tend to identify chart patterns in order to take advantage of upcoming price swings.
Happy trading people!
- Publication date:November 8, 2016
- File size:6390 KB
- Word Wise:Enabled
- Print length:75 pages
- Enhanced typesetting:Enabled
- Screen Reader:Supported
- X-Ray:Not Enabled
- Simultaneous device usage:Unlimited
- Best Sellers Rank:#1,952,316 in Kindle Store
- #3,923 in Investing Basics
- #6,890 in Introduction to Investing
- #7,432 in Two-Hour Business & Money Short Reads