A certain American trader spent all his free time on the study of graphs of fluctuations in currency pairs. And at some point it dawned on him!
Each trader, even a little familiar with technical analysis, knows how important the support and resistance levels are.
The “Head and Shoulders” reversal pattern is the most famous pattern foreshadowing a trend reversal. This model is usually formed at the end of the uptrend and is called the
Breakout trading is one of the most common types of trading, more precisely, trading strategies on the Forex exchange. The first time this type of trade was tested for a long time and showed good results.
To understand what a “break-forward” is, you must first understand the wide variety of types of market transactions. In this case, we are interested in exactly the criterion called
We are watching the schedule. The price moves down, moving averages do not converge, but follow approximately in parallel. There are no signals to close the position.