Category: Forex Trading

Inverse head and shoulders patterns encourage investors to buy and short sellers to take profits. These 6 methods provide the traders with necessary information to identify the pattern and set targets. Trading an inverse head and shoulder pattern the right way is important as it helps with fixing a profit target. The strengths of an […]

Candlestick patterns are rarely as uniform as pictures often suggest, but formations should still be visible to a practiced eye. This pattern is formed when an asset’s price creates a low (the “left shoulder”), followed by a lower low (the “head”), and then a higher low (the “right shoulder”). The pattern consists of lines indicating […]