Tag Archives | trading

cup and handle pattern forex trading

The cup and handle pattern

Cup and handle pattern is a bullish pattern, that marks the consolidation phase, followed by breakthrough. Components of cup and handle pattern The current trend: ideally is presented a few months trend, which is not yet fully developed. The more the trend is developed, the lower is probability that the cup and handle pattern points […]

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support and resistance levels level forex trading trends

Support and resistance levels

The terms support and resistance levels are synonymous with supply and demand. Support level is formed at the price, at which there is sufficient demand to halt the decline in prices. Resistance level is formed at the price, at which there are a lot of sellers, who prevent rising prices above resistance level. In case […]

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trends forex trading trend


Technical analysis is built on the premise that prices move in trends. The financial implication of this concept is essentially no different from the general definition – the trend is none other than a direction in which market moves. Trends can be divided on the basis of different directions of movement: Upward trend consists of a […]

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currency pairs forex trading

Currency pairs

Trading on forex exchange can take place with more than 100 different currency pairs. Selection of pairs for trading, depends on your trading platform. The most common trading currencies are USD, EUR, JPY, GBP, CHF. We have different currency pairs: The main trading currency pairs (Major currencies) EUR / USD, USD / CHF, GBP / USD, USD […]

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