Introduction – Technical analysis is one of the most widely used methods in analyzing historical price data to arrive at future trends. Though the concept of technical analysis
The Fractal indicator, invented by Bill Williams is commonly used by forex traders to identify support and resistance levels on the charts. Fractals are composed of five consecutive
CCI indicator, developed by Donald Lambert stands for Commodity Channel Index and is widely used among forex traders for many different purposes. For example, CCI can be used
The Inverse Head and Shoulders pattern is the opposite of the Head and Shoulders pattern and is considered to be a major reversal chart pattern in a strong
A Head and Shoulders pattern is considered to be a major reversal chart pattern in a strong up trending currency market. The trading pattern is formed by three
The double top is considered to be a major reversal chart pattern after a strong up trending market. The trading pattern is formed by two tops that are
