🚨FOREX PATTERNS📊💹📈
📈 Continuation Patterns (Market continues in the same direction)
1. Bullish Flag Pattern 🚩📈
- Appears after a strong uptrend, price consolidates then continues rising.
- Example: EUR/USD rallies → forms flag → breaks upward → continues up.
- Signals buyers are still in control.
2. Bullish Pennant Pattern 🔼📈
- A small symmetrical triangle after a sharp upward move.
- Example: GBP/USD jumps → forms tight pennant → breaks up again.
- Quick pause before trend resumes.
3. Bullish Falling Wedge 📉➡️📈
- Downward-sloping wedge after an uptrend, breaks upward.
- Example: USD/JPY dips gently → forms wedge → breaks upward.
- Shows weakening selling pressure.
4. Bearish Flag Pattern 🚩📉
- After a sharp fall, price consolidates upward, then drops again.
- *Example:* EUR/JPY drops fast → small up flag → crashes again.
- Sellers still dominant.
5. Bearish Pennant Pattern 🔽📉
- Similar to bullish pennant but after a drop.
- *Example:* AUD/USD falls → triangle forms → breaks downward.
- Trend continues lower.
6. Bearish Rising Wedge 📈➡️📉
- Example: GBP/NZD volatile triangle → breakout down.
- Signals uncertainty, followed by bearish move.
8. Bearish Triple Top 📊📉
- Price fails to break resistance 3 times → drops.
- Example: USD/JPY hits 150.00 three times → drops.
- Strong resistance confirmation.
9. Bullish Expanding Triangle 📐📈
- Wider lows/highs → breaks up.
- Example: AUD/USD ranging wide → breakout upward.
- Buyer strength overtakes volatility.
10. Bullish Triple Bottom 📊📈
- Price hits same support 3 times → breaks upward.
- Example: EUR/CHF holds 1.0500 → then climbs.
- Shows strong buyer interest.
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⚖️ Neutral Patterns (Could break either way)
1. Ascending Triangle 🔼
- Flat top + rising lows → usually breaks up.
- Example: BTC/USD testing resistance → breakout.
- Buyers gradually gain control.
2. Descending Triangle 🔽
- Flat bottom + lower highs → usually breaks down.
- Example: GBP/USD forming lower highs → breaks support.
- Sellers tightening grip.
3. Symmetrical Triangle 🔺
- Both highs and lows converge → breakout in any direction.
- Example: USD/JPY consolidates → breakout based on news.
- Neutral pattern—watch for breakout direction.
4. Symmetrical Expanding Triangle 🔻
- Widening highs/lows → breakout either way.
- Example: High volatility pairs like GBP/JPY → wait for clear move.
- Often appears before major events.
- Price moves up in narrowing range, then breaks downward.
- Example: GBP/CHF climbs slowly → breaks down.
- A reversal is likely.
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🔄 Reversal Patterns (Trend is likely to change)
1. Bearish Double Top 🏔️📉
- Two peaks form, then price drops.
- Example: USD/CAD hits 1.4000 twice → breaks neckline → drops.
- Strong bearish reversal signal.
2. Bearish Head and Shoulders 👤📉
- Left shoulder, head (higher peak), right shoulder → trend reversal.
- Example: EUR/USD forms pattern → breaks neckline → falls hard.
- One of the most powerful reversal signals.
3. Bearish Rising Wedge (again) 📈➡️📉
- Covered above.
4. Bullish Double Bottom 🧍♂️📈
- Price forms two lows at the same level → breaks upward.
- Example: GBP/USD hits 1.2500 twice → breaks neckline → climbs.
- Indicates strong support and buyer strength.
5. Bullish Inverted Head and Shoulders 👤📈
- Inverted version of bearish H&S, forms at bottom of downtrend.
- Example: USD/CHF bottoms → breakout → trend reverses upward.
- Powerful bullish pattern.
6. Bullish Falling Wedge (again) 📉➡️📈
- Also covered above.
7. Bearish Expanding Triangle 📐📉
- Wider highs and lows → breaks downward.

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