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.
Forex Charting Is Easy At Finotec Group
Finotec Group Inc. offers customers online Forex trading in addition to online trading in indices, equities, commodities, futures and options all in one integrated user-friendly trading system.
The Finotec Group’s Forex trading platform features real-time prices and an advanced user-friendly Forex charting tool with over 50 popular technical indicators.
