Forex markets are particularly prone to cyclical patterns. The ancient Greeks claimed that the circle revealed wholeness because everything was cyclical. Financial markets are also cyclical because they simply reflect changes in the way people evaluate things. Therefore, we can use what we know about circles and phases to better predict market cycles. So, if [...]
We all love to ride the roller coaster, isn’t it? It has its ups and downs and we cheer every time it changes its vertical direction. Sometimes it goes in an upward direction and sometimes we get butterflies in the stomach when it goes in the downward direction. We can feel that thrill, right? Just [...]
The Channel pattern chart borrows its name from the geometry of how rivers flow. A channel is formed when the energy of the river encounters a barrier (river bed). The river will hit this barrier and reverse in the opposite direction, hitting the barrier on the other side. This zigzag pattern of flow forms the [...]
