Forex Analysis

The Harami is a Japanese Candlestick pattern that may be indicating a reversal, and it consists of a large candlestick followed by a smaller candlestick whose body is completely within within the vertical range of the previous larger candlestick.

The Doji is pattern often found at the bottom and top of trends and thus is considered as a sign of possible reversal of price direction.

The Double Bottoms is a charting pattern used in technical analysis. It is made of two price drops almost to the same level followed by a rebound to the upside, and separated by a price high or peak.

The Double Tops is a bearish reversal pattern made of two consecutive peaks that are roughly equal, with a price drop between those two peaks. The level to which the price drops to is called a Neckline.

The high and low ends of the Marubozu candlestick represents the opening or closing price of the candlestick, and in some case, the highest price and the lowest price during that period.

When encountering an Inverted Hammer or a Shooting Star, traders often check for a higher open and close on the next period to validate it as a bullish signal.

The head-and-shoulders pattern is a bearish one of the more popular and reliable chart patterns. The inverted shape of this pattern produces opposite results, in this case, bullishness. From the name, the pattern somewhat looks like a head with two shoulders. 


Elliot Wave Theory represents the known Dow theory, and this theory can be applied to any type of current assets, commodities, stocks, oil, gold and others. The theory was proposed …

Technical analysis and market dynamics associated studies closely linked with human psychology studies. From this logic, the technical analyst to identify and price-fixing schemes

Trading patterns make finding such a point much easier and among tools a trader can apply easily, one of the most useful is the ABCD trading Pattern. The ABCD Pattern is formed according to the laws of Fibonacci and relies heavily on the ratio between later numbers in the sequence, especially the 61.8%.