Currency trading articles
Currency Trading Trend Types
Currency trading involves the ability to read various charts, and a lot of them. The currency trading charts display various indicators and data that might seem complex for the beginner trader. The best way to start exploring and understanding technical analysis charts is through the recognition of currency trading trend patterns.
We will describe first the basic trends :
- Up Trends
- Down Trends
- Sideways Trends
- Support/Resistance
We then go on to describe more advance trend patterns, including :
- Continuation Rectangles
- Symmetric Triangle
- Ascending Triangle
- Descending Triangle
- Flag
- Pennants
- Head and Shoulders Top
- Inverse Head and Shoulders
- Double Top
- Double Bottom
- Triple Top
- Triple Bottom
- Wedge
- Rounding Bottoms
- Rounding Tops
Learning all these trend patterns is not an easy task, but it is essential for any trader that wants to be able to invest in the right currency trading venues. This currency trading course will provide for the necessary means and strategies for you to trade with.
Posted by Greg Paster