wedge pattern

Holding within a bullish Ending Wedge formation. Trend line support is located at 0.7235. A break of resistance at 0.7500 and the formation has a measured move target of 0.7800

Monthly: A bullish ascending wedge has formed on the monthly chart. The pair remains in a bullish phase and we expect dips to continue being bought. The next major resistance is at 0.9306. Prices above that level look for a move towards the…

Trading with chart patterns can be one of the simplest ways to find highly profitable trade setups. Despite the ease of trading with chart patterns, there is quite some subjectivity involved which can be a put off for newcomers. While…