Forex Chart Patterns & Candlesticks – Tutorials & Strategies

⚡ Quick Summary – Diamond Bottom (Bullish Reversal) The Diamond Bottom is a bullish reversal pattern that often appears after a downtrend . Price first broadens (lower lows & higher highs), then contracts into a diamond-shaped consolidation before a breakout upward . In this guide, you’ll see clear uptrend and downtrend examples and learn a simple trade plan (entry, targets, stop-loss) with confirmation tips. Diamond Bottom Pattern – With Uptrend & Downtrend Chart Examples Understand how the Diamond Bottom forms, why it signals a bullish reversal , and how to trade it with confidence. Includes simple uptrend and downtrend charts and a clean diamond illustration. 📈 Uptrend: Higher Highs & Higher Lows An uptrend is defined by higher highs (HH) and higher lows (HL) . Traders buy pullbacks toward rising support. ...

Uptrend and Downtrend Charts Explained – Inverted Cup and Handle Pattern in Forex Learn how to identify market direction (uptrend vs downtrend) and how the Inverted Cup and Handle signals a potential bearish reversal. 📈 Uptrend (Higher Highs & Higher Lows) Definition: An uptrend forms when price keeps making higher highs and higher lows . It reflects strong buying pressure and positive sentiment. Traders typically look to buy pullbacks near rising support. HH HL HH HL HH HL HH HL HH HL Uptrend: Higher Highs (HH) & Higher Lows (HL) Look for pullbacks to rising trendline or moving averages. Confirm momentum with indicators (e.g., RSI staying above 50). Place stop-loss under the most recent higher low. ...

Cup and Handle vs Rounded Top – Forex Candlestick Patterns Explained 🏆 Cup and Handle Pattern (Bullish) Explanation: The Cup and Handle is a bullish continuation pattern that forms after an uptrend. It starts with a rounded bottom (the cup) followed by a small pullback (the handle) . A breakout above the resistance line confirms a potential strong upward move. ✅ Entry: After the breakout above resistance. 🎯 Target: Equal to the depth of the cup. 🛑 Stop-loss: Just below the handle. Cup Handle Breakout 📉 Rounded Top Pattern (Bearish) Explanation: The Rounded Top is a bearish reversal pattern that forms after a gradual uptrend. It shows weakening buying momentum and increasing selling pressure . A break below the support line signa...

⚡ Quick Summary – Rising Wedge Pattern in Forex (Bearish Reversal Signal) The Rising Wedge Pattern in Forex trading is a powerful bearish reversal signal often spotted in Japanese candlestick charts . It shows higher highs and higher lows forming within a tightening range — revealing weakening buying momentum. When price breaks below support, traders anticipate a downward move . Learn how to identify, confirm, and trade this pattern effectively. Rising Wedge Pattern (Japanese Candlesticks) Understand the Rising Wedge pattern, a common formation signaling bearish reversals in Forex candlestick charts . Learn its structure, market psychology, and how to trade it confidently. 📘 What Is a Rising Wedge? A Rising Wedge is a bearish chart pattern that appears during an uptrend or consolidation phase. It’s characterized by converging trendlines: both rising, but the support l...

⚡ Quick Summary – Trendlines & Curves for Simple Technical Analysis This beginner-friendly guide explains how to use trendlines and curves (e.g., moving averages) to read Forex price action. Learn to spot uptrends , downtrends , and reversals , draw accurate lines, and combine curves + trendlines for higher-confidence trades. Charting with Trendlines and Curves: A Simple Guide A clear introduction to drawing trendlines , using curves (moving averages), and combining both to spot direction, momentum, and potential reversals. 📘 What Are Trendlines? A trendline is a straight line that connects a series of swing highs or swing lows to show the general direction of price. They help identify uptrends (rising support), downtrends (falling resistance), and ranges . Uptrend line: draw it under price by connecting higher lows . Downtrend line: draw it ab...

⚡ Quick Summary – Bearish Candlesticks in Forex Learn the core bearish candlestick patterns that signal a potential downward move in Forex markets. This guide covers structure, context, and trade planning for patterns like Bearish Engulfing , Shooting Star , Evening Star , and Dark Cloud Cover —with simple diagrams and risk management tips. Bearish Candlesticks: Understanding the Downward Pattern A practical guide to the most reliable bearish candlestick signals , how to read them on Japanese candlestick charts , and how to build a simple, consistent trade plan . 📘 What Makes a Candlestick Bearish? A bearish candlestick shows selling pressure: price closes below its open , often with upper wicks at resistance. In trends, bearish candles form lower highs (LH) and lower lows (LL) , reinforcing a downtrend . ...