A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be instrumental in ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...

Flags are among the most-referred patterns in technical analysis that can provide clues to the price trend and potential next move. In technical analysis, a flag pattern indicates short-term price ...

One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...

Sell the BTC/USD pair and set a take-profit at 80,600. Add a stop-loss at 91,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 91,000. Add a stop-loss at 80,600.

Buy the GBP/USD pair and set a take-profit at 1.3565. Add a stop-loss at 1.3300. Timeline: 1-2 days. Bearish view Sell the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3565. The ...

Gold further rolls out a potential bear flag pattern with another test of trendline support at the day’s low of 2,315. The bearish setup follows a sharp one-day decline on June 7 that reached a low of ...