Forex encyclopedia

Random article: Patterns of technical analysis

Triangle is one of the most popular patterns of technical analysis, which is related to three models of trend's continuation. There are three types of triangles: ascending, descending and symmetrical triangle. Each model has its geometry, direction and other features. There is also the 4th type of triangle - expanding triangle. This graphical pattern is rather rare and is not recommended to apply in trading. Why is it so? We will know just below.

NewYork market accounts approximately 19% of the total trade. USD is the currency of the world, nearly 90% of trade will always involve dollars in it.

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Popularity of pairs over the week

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