Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Sunday, January 24, 2010

Important Chart Patterns - Technical Indicator

REVERSE HEAD AND SHOULDER

reverse head and shoulderHEAD AND SHOULDER
head and shoulderDOUBLE TOP
double topDOUBLE BOTTOM
double bottomDESCENDING TRIANGLE
descending triangleASCENDING TRIANGLE
ascending triangle

Studying the chart patterns is essential step to success in forex trading. Below are the common chart pattern you will encounter in daily trading.

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1 comment:

Иван said...

Again, thank you for your useful information!
Ivan.

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