Melvin Pasternak has spent 27+ years teaching at Mount Royal University and is the author of 21 Candles Every Trader Should Know. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...

When it comes to forex trading, understanding market movements and price trends is essential for success. One of the most effective tools traders use to navigate this landscape is chart patterns.

The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators, ...

USD/CAD may target the upper boundary of the rectangle around 1.4060. The 14-day Relative Strength Index remains above 50, signaling an active bullish bias. The pair may find its initial support at ...

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...

Joey Fundora has 17+ years of experience as an independent stock trader, specializing in discretionary swing trading through technical analysis. Bullish flag formations are found in stocks with strong ...