Technical analysis plays a vital role in helping many forex traders identify potential trading opportunities. A classic chart pattern that currency traders frequently encounter on exchange rate charts ...

Sell the BTC/US pair and set a take-profit at 35,000. Add a stop-loss at 37,800. Timeline: 1-2 days. Bullish view Set a buy-stop at 37,800 and a take-profit at 39,000. Add a stop-loss at 36,000.

You can think of forex patterns, as dance patterns. You gotta find a pattern, memorize it, and use it as a signal for the next (dance) move. As naughty as the currency pairs may be, they often give us ...