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Random article: Continuation patterns
As it is clear from the title, continuation patterns signal about continuation of trends in the previous direction. The main patterns of this category are represented by the figures “Flag” and “Pennant”. Flag is a good signal of continuation of a trend when sharp movement is changed to a short pause. There are three forming states of the flag: first a strong vertical movement takes place (flagpole is shown), then flag figure appears during calm down, whereupon strong movement continues in initial direction.
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Popular article: Forex trading guide
Before start trading on the Forex, it is necessary to learn the basic things about trading. You have not only to catch them on, but also to be guided by them when making certain decisions. And if you follow this, then there is a high probability that the trade will be successful.
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Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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