This website is operated by IFCMARKETS. CORP. (BVI FSC)
 

Forex Chart Patterns | Technical Analysis Patterns


Trading chart patterns are one of the technical analysis methods, intended to define market turns and trends. With the help of a chart pattern it becomes easier to notice conditions where the market tends to break out. Due to those graphical formations it becomes possible to see whether the price is likely to continue its direction or go reverse.

An accurate analysis, no matter it is a forex analysis or analysis of any other market, implies usage of various tools, such as indicators. In the wide number of Forex chart patterns it becomes quite difficult to highlight any of them that are used more often by traders. However, the value and importance of these tools cannot be neglected, because they sometimes may help to see the biggest moves in the markets.

Thus, chart patterns do clue traders in on what may happen in the market and serve as a basis for developing trading strategies and deciding when to buy or sell an asset.

Learn Trading with IFC Markets

IFCM Education Center

4 simple steps to learn trading

Forex Trading Books

Forex & CFD Trading Turorials Library

Forex & CFD Video Tutorials

Video Tutorials for Beginners and for working with Trading Platforms (MT4, MT5, NTTX)

Trader's Glossary

Trading Terminology: Glossary of Forex and CFD Terms