leightonbutler
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chartpattern
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In trading, understanding price action is essential to making informed decisions. One common pattern that traders should be aware of is the break/retest pattern. In this post, we'll take a closer look at what this pattern means and how traders can use it to their advantage. A break/retest pattern occurs when the market price breaks through a key support or...
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The GBP/USD pair has been showing an interesting pattern over the last few weeks, and it seems to be signalling a potential bullish reversal. The pattern in question is the inverse head and shoulders pattern, which has been identified on both the 1-hour and 4-hour timeframes. The inverse head and shoulders pattern is a widely used technical analysis pattern that...
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