Learn to Trade Articles

Crude Oil Forming Bearish Wedge Targeting 34.40

Oil has been sold down quite hard from August highs giving back 17% in 13 trading days. Wedge patterns are generally a sign of trend continuation when broken to the downside, and when found within bearish oil trend momentum, can become a potent pattern for lower lows.    Key Points:…
September 14th

EUR/AUD Compressing for Upside Targeting 1.63980

Trend line set back in August through September intact and respected. EUR/AUD Setting up with defined risk parameters and attractive reward to risk ratio. Indicator and signals clustering = points EUR/AUD to upside before any major falls. Key Points: Price holding above the 200 EMA Price holding above the 50…
September 14th