When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

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Short-Term - The GBP/USD continues to consolidate forming a wedge pattern seen in the 1H chart. Although the market has broken the rising channel support, it maintains the bullish momentum, as the RSI ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

-- Sell the BTC/USD pair and set a take-profit at 110,000. -- Add a stop-loss at 120,000. -- Timeline: 1-2 days. Bullish view -- Buy the BTC/USD pair and set a take-profit at 120,000. -- Add a ...