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Category Archives for "Forex Chart Patterns"

Learn how to identify and trade reversal and continuation chart patterns. Chart pattern analysis can be used on all time frames and currency pairs.

Forex Rising Wedge Chart Pattern

The rising wedge is considered to be a bearish continuation chart pattern in a down trending market or a reversal pattern in up trending market. The trading pattern is formed by two trend lines that slope up. In order to qualify as a rising wedge pattern, there must be at least two points of higher swing […]

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Forex Descending Triangle Chart Pattern

The descending triangle is the opposite of the ascending triangle and is considered to be a bearish continuation chart pattern in a strong down trending currency market.  The trading pattern is formed by two trend lines that converge. In order to qualify as a descending triangle pattern, there must be at least two points of […]

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Forex Ascending Triangle Chart Pattern

The forex ascending triangle is considered to be a bullish continuation chart pattern in a strong up trending market. The trading pattern is formed by two trend lines that converge. In order to qualify as a ascending triangle pattern, there must be at least two points of higher swing lows (support) and a horizontal line of […]

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Forex Symmetrical Triangle Chart Pattern

The forex symmetrical triangle is strongly considered to be a continuation chart pattern that consists of two trend lines that converge. In order to qualify as a symmetrical triangle pattern, there must be at least two lower swing highs (resistance) and two higher swing lows (support). The pattern is confirmed on a sustained break of the […]

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