Tag Archives: forex charts

Triangles Chart Pattern A triangle is a corrective chart pattern where the price moves in between two converging trendlines. Trendlines are used to identify the triangles, and depending on the slope, triangles can be classified as: symmetrical, ascending and descending. A triangle is completed by a break of the upper or lower trendline as the price approaches the tip of …

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  Follow and trade the trend    Now that we have determined that there is a trend happening, we are going to finally start to trade it. There are a few different ways to take advantage of a trend, let’s look at them… – Support and Resistance The first and most basic method for trading a trend is by using the …

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