Forex Candlestick Chart

In recent years their has been a move away from simple chart formations to more complex forms of trading and price led indicators, but there are numerous great chart patterns to trade and here we are going to look at one of the best – the symmetrical triangle.

This is a formation is one all [...]

Symmetrical Triangles
Symmetrical Triangles is usually a result of a lack of conviction regarding which way the price will move. A technical trader will search for this pattern and look for two converging trend lines that meet at a point called the apex. The converging trend lines will give a triangular shape, that is why it [...]