Home
  • Horn Formation Pattern
    • 03/11/2024

      Horn Formation Pattern

      The "Horn Formation" pattern in forex is a reversal pattern that appears at the end of a trend, signaling a potential shift in market direction. It consists of three main candles and resembles a structure with two horns on either side of a central candle, hence the name "horn formation." This pattern is particularly used to spot reversals in a strong trend, either upward or downward.

      See more

  • Pipe Formation Pattern
    • 03/11/2024

      Pipe Formation Pattern

      The "Pipe Formation" pattern in forex is a reversal pattern that signals a potential change in the market trend after a strong uptrend or downtrend. This pattern, which consists of two significant candlesticks, can mark the beginning of a new trend direction, either upward or downward. The Pipe Formation pattern is often associated with turning points in the market and is used by traders to identify a potential reversal.

      See more

  • Island Reversal Pattern
    • 03/11/2024

      Island Reversal Pattern

      The "Island Reversal" pattern in forex is a chart formation that indicates a potential trend reversal, often seen as a bullish or bearish signal. It occurs when a price gap appears on both sides of a group of bars (candlesticks), which isolates or “strands” them, creating an “island” of prices. This pattern typically signals a strong change in market sentiment, as it represents a sudden price shift that can leave traders "stranded" in their previous positions.

      See more

    Copyright © 2017 Copyright by Phuc Minh Engineering Co., Ltd

    . Thiết kế và phát triển bởi thietkewebnhanh.vn