In this post, we will discuss the formation of breakout point in some basic patterns.
(1,2)-These kinds of pattern formations are common in either bullish/bearish, the signal forms bump to reverse the trend.
I.e A pullback/throwback will happen in the previous trend to reverse the trend.
Wait for the broke out to decide the trade(buy/sell).
3.FALLING...
Hi traders,
Happy to hear queries from followers.
"I’m following your posts for a long while, it helped me to learn a lot about Forex.
How can i identify the upcoming changes in a structure/pattern?"
When it comes to predicting, we have to follow bunch of unwritten rules.
In the chart 3 basic patterns are drawn, in order to answer your question.
1. In this...
