Mastering the diamond pattern can provide technical forex traders with a significant advantage in predicting currency market reversals and breakouts. This technical analysis formation is characterized ...
Diamond pattern trading isn’t for beginners! Not only are these patterns rare, but also they’re often wildcards, breaking up or down regardless of bullish or bearish indicators. That said, it’s ...
Spotting price reversals is one of the most difficult actions to master in the Forex market. Through chart analysis, traders can learn to identify candlestick patterns that are a natural tool for this ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nearly 30 years ago, the foreign exchange market (forex) was characterized by ...