The Inside Bar Chart Pattern
To become successful in trading the Forex market, a good knowledge of chart patterns is useful. Today we will examine the inside bar and what it can mean.
An inside bar is easy to identify, it is simply a bar where:
- The high is lower than the previous bars high.
- The low is higher than the previous bars [...]
Identifying Changes in Trend
In your quest to become a successful Forex trader you will need to develop an ability to detect a change in trend. Some common methods of finding important issues in the market that may effect the market you are trading in, include:
Read more »Chart Patterns: The Wedge Formation
Forex charting involves the identification of common chart patterns. Today we will introduce you to the wedge formation.
A wedge formation is similar to an ascending or descending triangle. A wedge is formed when both the angled sides of the triangle are sloping against the dominant trend in a market.
