The Ultimate Guide to Understanding Forex Order Blocks Order blocks in Forex trading can be defined as candlestick areas on a price chart where significant buying or selling activity has occurred, creating a “block” of orders. These blocks form support or resistance levels in future price movements when it comes to […]
HEAD AND SHOULDER PRICE PATTERN
HEAD AND SHOULDER PRICE PATTERN Head and Shoulder pattern is a Price Action trading pattern that appears with three tops or peaks on the trading chart. Basically, the two shoulders are almost of the same height while the head is usually higher than other tops. Technically, Head and Shoulder pattern shows […]
The Three Key Candlestick Reversal Patterns
The Three Key Candlestick Reversal Patterns The following three Candlestick Reversal Patterns are very important to professional traders when it comes to market price analysis and trend change. Volatility Index and Forex analyst/traders patiently wait for any one of these candlestick reversal patterns to form at the end of a […]
Three Key Price Action Elements
Three Key Price Action Elements The following three key price action elements are very important to price action traders. They are (1) Market structure (2) Support and Resistance and (3) Candlestick patterns. However, other factors can be put into consideration when applying price action elements into your trading style. Basically, […]
