Basic Forex Chart Patterns – Part 1
Basic Forex Chart Patterns
Forex chart patterns allow us to understand emotions of market participants – whether they are looking at continuation or reversal of current price actions. Tflow® uses chart patterns as an input to time entry, however, we do not apply the traditional method of trigger. For example, we short at the top of right shoulder instead of on break of neckline.
FOREX CHART PATTERNS IN DETAIL
How to identify Basic Forex Chart Patterns ?
- Chart Pattern is a leading indicator that warns potential Reversal
- Chart Patterns are most prominent when near to support and resistance
Head and Shoulder (HS)
Double Top (DT)
TRADES & LOSING TRADES
“Live” actions and reviews from our students directly from our social media accounts. We don’t tweet winning trades only. We tweet losing trades as well. It’s just that we have more winners. Follow @terraseeds in twitter for live trades and forex ideas.