Breakout patterns can offer excellent opportunities to trade the forex market with high probability and favorable risk-reward ratios. However, not all breakout patterns are equally reliable or ...

Forex traders should exercise caution and wait for a confirmed breakout above the falling wedge pattern’s declining upper resistance line before making a trading decision to go long based on the ...

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 ...

A breakout above $39.13 could confirm silver’s third bullish leg higher, supported by channel dynamics, Fibonacci levels, and ...

Crude oil continues to push up against a resistance zone around a prior long-term support level from May 2023. The price was $63.67 from a spike low. Notice the highs of each day this week were ...

Today, the false breakout patterns come from the Forex market and this is what we’ll focus on today. The EURAUD is currently moving significantly higher but it did not look so optimistic during ...