Tag: price action patterns
HEAD AND SHOULDERS – Price Action Patterns
HEAD AND SHOULDERS (H&S)
Usefulness: making a SELL decision
Forming time: from several weeks to several months
Volume: decreases (detailed description: see description below)
Frequency: medium
The range of...
EURJPY – Break Out from Ascending Wedge Heralds Declines – 12/02/2018
EURJPY - on Thursday last week, the price broke out from a ascending wedge build from September 2017. On Friday there was a very...
GBPAUD – Two Inside Bars
Trading Inside Bars –under this heading you will find analysis made on basis of one of the most known Price Action formation – Inside...
CHFJPY- Head & Shoulders on Weekly and Daily Charts?
Very interesting "figures" draws pair CHFJPY on the Weekly and Daily charts. I do not like pairs with Swiss franc (CHF) due to its...
Outside Bar
One of the Best Price Action Pattern
Outside Bar is one of the most effective price action patterns. This formation is very easy to notice...