HOW TO STOP IMPULSIVE TRADING

6 steps to stop acting on impulse

We are not here to blame you: every trader does from time to time. Emotions like greed or fear may push you to open trades you never planned for. However, if you acknowledge the problem, you’ve already taken the first step.

Now you can move on to implementing the tips described here to prevent impulsive trading and download a simple tool to keep your emotions in check at every stage of the trading process.

An impulsive trade:

•is driven by emotions like greed or fear, instead of logic or strategy
•hastily reacts to market movements or geopolitical events
•does not follow a trading plan
•may ignore risk management, and lack stop-loss orders and position sizing

What’s wrong with impulsive trades?

Risk.
Risk.
Some more risk.

There’s actually only one reason why an impulsive decision can ruin days of solid trading. While an impulsive trade may promise huge profits, these promises come with risk.

6 steps to stop impulsive trading

Implement pre-trading ritual

•Review your trading plan.
•Visit the Economic Calendar to check for upcoming releases.
•Visualize a few perfect setups for today’s session.

Limit trading

The more positions you open, the more they will follow your emotions. Every next “one more try” trade may be more risky than the previous one. Set your own limits and stick to them. A maximum of five trades before breakfast? Two trades per session? Anything that you can make based on logic and careful analysis.

Follow the 5-second rule

Impulsive actions are always fast, while a disciplined approach usually slows things down. Whenever you feel the urge to enter the market, stop and count to five. Use the time to think about whether this trade aligns with your plan. It will prevent the majority of irrational trades.

Always describe your reason for entry

Do it for every trade. You should know precisely why you are entering the market. And it should not be just because you feel the price will grow (or drop). If you can’t explain it, you probably shouldn’t trade it.

Always manage your risks

Impulsive trades often lack risk management. If you take the time to set everything correctly, you will follow logic, not emotions, and improve your overall results.

•Risk no more than 1–2% of your available capital per trade.
•Always set stop-loss and take-profit orders before entry.
•Use a 1:2 risk-to-reward ratio or better.

Implement post-trade routine

•Make a 5–10 minute pause to analyze your result and avoid revenge or overconfident trades.
•Record everything in your trading journal for subsequent analysis. It will help you track your performance and identify problems.

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

TRADING SESSIONS : 3 sessions a market player should know

Trading sessions are fixed periods when a market is open, whether for Forex, stocks, or commodities.

Specific sessions bring different market participants online — from Tokyo banks and exporters to London funds and New York financial institutions. Each wave of market players adds orders, news, and volume, which drives prices.

Volatility peaks in London and New York, especially when these two sessions overlap. Asia is usually quieter, with prices moving in a narrow range, often setting the stage for later sessions.

Why market sessions matter

•Volatility is not constant. Liquidity clusters in specific windows, and that’s when setups form.

•Market sessions shape volatility and drive price action in key pairs, such as EURUSD, GBPUSD, USDJPY, AUDUSD, and more.

•For every session, you can keep in mind the hours of the so-called kill zones — the time of increased volatility. If you look to open your trades on volatility, you will know the appropriate timing.

You can see the four major trading sessions: New York, London, Tokyo, and Sydney. Let’s talk about the specifics of every major session.

Asian session (Tokyo + Sydney)

Time: 22:00–07:00 Kill zone: 22:00–02:00

Volatile assets: USDJPY, AUDUSD, NZDUSD, NIKKEI

The Asian session is usually the calmest portion of a trading day. Prices move in a narrow range, building liquidity that later gets taken during the London and New York sessions.

How to trade

•Focus on structure, don’t chase big moves.
•Mark the range: Asian highs and lows often serve as reference points for your setups in subsequent sessions.

London session

Time: 07:00–16:00 Kill zone: 07:00–10:00

Volatile assets: EURUSD, GBPUSD, USDCHF

The market wakes up during the London session. Liquidity pours in, spreads tighten, and prices make their first decisive move of the day. In the first couple of hours, the market often sets the daily high or low, sweeping Asian liquidity before showing a direction.

How to trade

•Use Asian range levels as your reference points.
•Expect sharp volatility, especially immediately after the open.
•Watch the first hours: that’s when fake and real moves split.
•Many setups (liquidity grabs, imbalances, order blocks) form here and fuel New York.

New York session

Time: 12:00–21:00 Kill zone: 12:00–15:00

Volatile assets: EURUSD, GBPUSD, USDJPY, XAUUSD, US500, NASDAQ

London sets the trap, New York decides the outcome. This is where the day’s strongest and most profitable moves usually play out. The New York session is the powerhouse of a trading day when the largest volume and volatility hit the market. Most institutional flows and macroeconomic releases happen here.

How to trade

•Don’t rush in — wait for New York to show whether it continues or reverses London.
•This is the best time to catch strong intraday trends.
•Pay particular attention to gold and indices, which often dictate USD flow.

When should you trade?

In the classic model, Asia sets the range, London sweeps liquidity, and New York delivers the main move. However, the market doesn’t always follow this script, and sessions can swap roles. For example, sometimes London accumulates, leaving New York to trigger the stop-hunt and Asia to continue the trend the next day. Even normally calm Asian sessions can sometimes provide the strongest push.

What matters is that you, as a trader, understand how the trading sessions work, when they overlap, and where to expect the strongest volatility. This understanding will help you recognize where liquidity is building and which session is driving it, and trade in sync with that flow.

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

HOW TO COUNT PIPS TO YOUR GOAL

Why do you trade ?

Most people start trading to earn money for something they cannot otherwise afford. You may want to buy a house or a fancy car, pay for your children’s education, or save for a luxurious wedding. Congratulations if you have a specific goal; you’ve already made a crucial first step to achieving it.

Decide on your goal

Your goal can be anything as long as it can be expressed as a certain amount of money: buy a phone, a car, an apartment, etc. Once you know what you want to achieve, you can calculate what you need to do. When you know what to do, you can stop chasing random trades and follow your plan where every step is intentional. It does not matter how many trades you open. What matters is how much you earn in pips.

Once you have a financial goal, build a plan to achieve it. The plan describes what it will take you to achieve your goal. Start building your plan by answering these questions:
•How many pips do you need to earn?
•How much capital can you start with?

Split your goal into numbers

Suppose you want to earn $500 per month from trading XAUUSD. Let’s now split this goal into specific trading parameters.

$500 per month translates into $25 per trading day. How do you earn $25 per day? Use the FBS Trading Calculator to make the following calculations:
•If you trade a minimum possible volume of 0.01 lot, 1 point will earn you $0.01. Thus, you need to earn 2500 points daily to reach your goal.
•If you trade 0.1 lot, when the price moves by 1 point in your desired direction, you will earn $0.10. Hence, you need to earn 250 points per day.

You can now analyze your trading strategy and choose the option that works best for you. Let’s consider an example of trading 0.1 lot:

Example of a trading day

1st trade: a loss of 20 points

2nd trade: a loss of 30 points

3rd trade: a gain of 300 points

Your net result for the day is +250 points, which meets your minimum planned target. You can stop trading for the day, as your goal is getting closer as you’ve planned.

Calculate the capital needed

For our example, let’s consider the optimum risk-to-reward ratio of 1 to 3. You should not risk more than $8–$9 per trade. Knowing that it is not recommended to risk over 1% of your total margin, your deposit should be $800 to $900.

You can use the calculations here and adjust them for your own capital. For example, if you can deposit as much as $9000, you can trade one lot and only need 25 profitable points daily. But if you want to deposit only $90, you can trade 0.01 lot.

Remember the limitations!
•Set realistic targets and deadlines. Don’t try to turn $500 into $5000 in a couple of days. It is better to move slowly and steadily.
•No one can open only profitable trades. When you plan your trading day, consider the probability of profitable trades and the amount of risk per trade.

If you use this approach, your primary measure of success is the total number of profitable points. You will not worry about the number of winning or losing trades. You only need to meet your targets for the day or the week to steadily progress toward your goal. This will make trading less emotional and stressful and allow for a calmer and more disciplined process.

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

3 reasons to collect trading stats

Trading without collecting statistics is like crossing a busy street with closed eyes. Tracking and analyzing data are paramount in trading: you need to know your strengths and weaknesses to continue improving with time.

If you have already implemented a routine that helps you understand your performance, please keep using it. If you want to upgrade your trading routine, we have developed a simple tool you will appreciate.

3 reasons to collect stats

Trading involves huge amounts of data, and you may miss something important if you don’t have a tool to record and analyze it.
Successful trade depends on various factors, and you can only figure out which ones work best for you after you analyse them for a while.
There may be different reasons for a losing trade, from lack of sleep to an unexpected macroeconomic release. When you know what factors result in losses, you may learn to avoid them.

Naturally, you can always view your account and compare your winning and losing trades. But do you remember why you succeeded or failed for every trade?

Any solution?

You need a trading journal. It is a spreadsheet where you can record as much data for every trade as possible:

•Your physical and mental condition
•Time and day
•Trading session
•Reason for entry
•Position details (asset, long or short)
•Risk management parameters
•Result

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•Blazing-fast execution & enhanced stability

•38 built-in technical indicators & 21 timeframes for precision trading

•Optimized for all devices—desktop, mobile & web

•Trade a wide range of assets: Stocks, Commodities, Forex & more!

Top Forex Brokers

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

3 HIDDEN GEMSIN STOCKS

Hidden gems for your portfolio

Three reasons why you should not ignore stocks

They can be used to grow your capital.
They are more predictable.
They are less risky compared to crypto and other assets.

If these advantages sound tempting, you are probably already thinking about choosing the stocks for CFD trading that will work for you. Here are the three hidden gems carefully selected by our analysts as the most promising and undervalued.

Novavax Inc. (NVAX)

Novavax is a biotechnology company that develops innovative vaccines.

Why is it a promising stock?

•The company will play a strategic role in the battle with future pandemics.
•Novavax has experienced revenue declines in recent years, but has returned to profitability and maintains strong liquidity.
•Strategic partnerships with governments and global health organizations further strengthen its growth outlook.

Technical aspects

Novavax stock is still trading at historically low levels. This undervaluation, along with demand for next-generation vaccines worldwide, creates a unique opportunity:

•In the medium term, the shares may deliver strong returns.
•In the long term, the growth could reach a few hundred percent.

Twilio Inc. (TWLO)

Twilio develops cloud communication platforms that enable businesses to integrate messaging, voice, video, and authentication services into their applications. The company’s innovative solutions power infrastructures for verticals ranging from e-commerce and finance to healthcare and logistics.

Why is it a promising stock?

•Digitalization still accelerates, and demand for cloud-based communication and online services keeps growing.
•Twilio is considered to be a critical technology partner for companies worldwide.
•Strong market presence ensures consistent revenue streams and creates a foundation for sustainable growth.

Technical aspects

Twilio’s stock is still trading near its historical lows. However, the asset is already showing signs of growth. A cup and handle pattern has formed, and the price no longer hits new lows. This situation suggests that the market has yet to recognize the company’s potential fully.

Albemarle Corporation (ALB)

Albemarle is one of the world’s leading manufacturers of lithium, a key component of electric vehicle batteries and energy storage systems.

Why is it a promising stock?

•The company represents a rare combination of reliability and innovation.
•It is now expanding production and strengthening its position in the global market to meet the growing demand for lithium.
•The increasing demand for energy storage systems and growth in electric vehicles and renewable energy industries are expected to create a stable revenue source for the company.

Technical aspects

Albemarle’s stock remains undervalued, which presents excellent opportunities for investors. The growth could be substantial in the medium term, especially if demand for lithium continues to accelerate.

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These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!

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•Blazing-fast execution & enhanced stability

•38 built-in technical indicators & 21 timeframes for precision trading

•Optimized for all devices—desktop, mobile & web

•Trade a wide range of assets: Stocks, Commodities, Forex & more!

Top Forex Brokers

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

Top 5 traps of technical analysis

Technical analysis is a powerful tool, but we have all had cases where it worked poorly. Many traders fall into common traps, especially when they are only beginning their trading journey.

1. Missing the bigger picture

This 15-minute chart shows shows a downtrend, with the price breaching below the 50-MA and retesting it. That’s a clear downtrend, right?

The daily chart, however, shows a clear uptrend. Going against it is risky. Higher timeframes generally carry more weight and should be used to determine your overall sentiment.

2. Ignoring fundamentals

Charts do not exist in a vacuum. Economic reports, central bank announcements, political decisions, and geopolitical events can radically change sentiment in minutes. Any technical configuration can prove ineffective if unexpected news arrives.

We saw a reverse Head and Shoulders pattern (a powerful bullish signal), but a good US CPI report changed the situation, and the signal didn’t work.

3. Trading without confirmation

A common error is entering a trade based on a single signal, such as an overbought RSI. However, false signals are also a common trap.

How not to fall into the trap

Enter a trade when multiple factors confirm your intention:

•a key level
•a clear candlestick chart signal
•a favorable overall trend
•correlated assets
•higher timeframes
•fundamentals

4. Falling for fake breakouts

A price line may break the support or resistance level (and trendlines) and then sharply return. Fake breakouts like these can compel traders to enter the market too early.

The price broke above an important resistance level, but then rolled back. The RSI would be helpful in this case, as it would indicate that the instrument is overbought and further long positions are risky.

How not to fall into the trap

•Wait for a real confirmation, such as retesting the broken level.
•Learn to recognize large institutional traders influencing prices to trigger stop-losses or create false patterns.
•Manage your position sizes and risks accordingly.

5. Chasing indicators

Traders tend to overload charts with indicators, such as RSI, MACD, and Momentum, and make decisions based on all of them. Conflicting signals may overwhelm and confuse you, causing missed opportunities.

The RSI and Momentum cross the mid-line upwards, suggesting bullish momentum. However, the MACD crosses the 0-line downwards, giving a bearish signal.

How not to fall into the trap

•Limit yourself to 1 or 2 key indicators that serve as filters, and use a clean chart with pure price action for most of your analysis.
•Focus on price movements, trends, and patterns rather than trying to confirm every signal.

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These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!

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•Blazing-fast execution & enhanced stability

•38 built-in technical indicators & 21 timeframes for precision trading

•Optimized for all devices—desktop, mobile & web

•Trade a wide range of assets: Stocks, Commodities, Forex & more!

Top Forex Brokers

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

How a market pro prepares for a new week

Here are some fundamental activities you want to incorporate into your weekend routine to prepare like a pro.

1. Review the past week

Analyze your performance to note your strengths and turn weaknesses into lessons.
Pay attention to the reasons for your successes and failures.
Evaluate every losing trade to see what you could have done differently.
Decide if you should change your risk-to-reward ratio.

2. Check the economic calendar

Browse the important releases for the upcoming week (inflation, interest rate decisions, GDP, central bank reports, etc.). Such events can all cause volatility and open trading opportunities. Note the high-risk hours and decide if you will attempt to profit from market movements or avoid trading.

3. Set goals for the next week

An essential step is setting precise goals for the next week. What percentage of your balance do you expect as a profit target? Once you decide on your main goal, it will be simpler to build your plan and strategy. Remember why you trade: this will help you stay focused as you set your weekly targets.

4. Perform technical analysis

Identify the indicators and formations that give you the most accurate results and use them for the upcoming week. Start by analyzing the global trend, using higher timeframes. This will help you see the direction of the trend.

Review your favorite trading instruments, update the charts, redraw the levels, set price alerts, and scan for meaningful patterns. It will take you 3 or 4 hours, but it will save you a lot of time and stress during the upcoming week.

5. Build a plan for the week

A trading plan is a set of rules you should follow to achieve your trading goals. Without a plan, you cannot manage risks appropriately and stay disciplined. An effective trading plan helps traders improve their results and reduce their trading time.

A trading plan should contain:

Timeframe
Risk management settings
Entry points
Targets

Advantages of having a trading plan:

You interact with the market far less than many other traders.
You will experience less stress as you won’t need to be too involved in trading.
You will control your actions only, without trying to control the markets.

6. Prepare mentally

Answer a few questions to review your emotional state. Are you stressed? What was the worst moment of the past week? Are you prone to revenge trading after three losses in a row?

Reflect on your experience, goals, and limitations. Self-awareness is the foundation of a successful trading plan. Identifying your strengths and weaknesses will allow you to build a plan to maximize your potential and close the gaps.

7. Have a good rest

Taking a break from the intensity of your trading week is essential. You may want to engage in some outdoor activities, rest well, and try to achieve a complete reset. Your physical and mental health will determine how focused you will be during the next week and how fast you will respond when something important happens.

If you choose to watch a motivational movie or read a book about the markets, you can stay in touch with the markets and learn something new, even while relaxing.

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These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!

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•Blazing-fast execution & enhanced stability

•38 built-in technical indicators & 21 timeframes for precision trading

•Optimized for all devices—desktop, mobile & web

•Trade a wide range of assets: Stocks, Commodities, Forex & more!

Top Forex Brokers

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Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.

7 steps to building a trading strategy

7 steps to building a trading strategy

A trading strategy is a systematic methodology based on predefined rules and criteria that answers three major questions:

•What do you trade?
•Where do you trade?
•How do you trade?

How to build a trading strategy ?

When you start building your trading strategy, you can think of it as building a home:

•Psychology and discipline are the essential foundation.
•The walls of your building include a trading journal, market analysis, trading plan, and risk/money management.
•The strategy itself serves as the roof of the building. The final piece ties everything together and helps you trade confidently, knowing what you’re doing and why, without guessing.

Advantages of having a trading strategy

fbsA detailed strategy brings you one step closer to consistent results in trading.
fbsYou don’t need to ponder over every new trade, as you have predefined rules for entering and exiting a trade.
fbsYou use objective data to make specific decisions.
fbsYou avoid behavioral biases.

How to develop a trading strategy

fbsStart your trading journal and write everything down.
fbsDefine your trading goals and risk-to-reward ratio.
fbsChoose the instruments you want to trade.
fbsDecide what technical indicators and fundamental factors you will use.
fbsEstablish your timeframe.
fbsSet your risk management values.
fbsTrade with your strategy on a demo account and make amendments if necessary.

Now that you have built your strategy and tested it on your demo account, you can switch to your real trading account and start trading. Make sure you follow all your rules and review your results to ensure they meet your expectations and goals.

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•Blazing-fast execution & enhanced stability

•38 built-in technical indicators & 21 timeframes for precision trading

•Optimized for all devices—desktop, mobile & web

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True Chart patterns strategy for Technical Analysis

Chart patterns strategy

Chart patterns help traders predict market moves. Common chart patterns include head and shoulders, double tops, and flags.

fbsWhen you notice a pattern you are familiar with, you can be sure of the prediction’s accuracy.

How to use

1.Open a chart for a trading instrument you are interested in.
2.Identify a pattern on the chart (the strength of a reaction depends on the time frame you select).
3.Check the support and resistance levels to confirm the pattern.
4.Open your trade:

•Place a breakout trade for continuation patterns like flags or wedges.
•Use a retest trade for head and shoulders.

Place a Stop Loss above or below key levels to manage your risks.

Imbalance trading strategy

This strategy, also known as the “smart money strategy,” focuses on trading in key market zones called “imbalance zones.” These occur when prices move sharply in one direction on institutional orders (from banks and other huge players), leaving gaps in the chart.

How to use

1.Spot an imbalance. i.e. the area or gap between the price extremes of the first and third candles.
2.Wait for the price to return to that zone.
3.Open your trade:

Buy if the imbalance is below the current price.
Sell if the imbalance is above the current price.

Use the Fibonacci retracements to locate an optimal trade entry (OTE) point. Here is how:

1.Apply Fibonacci retracement from the recent high to low (or low to high).
2.Look for the 62—79% retracement zone as the OTE area.
3.Buy in an uptrend or sell in a downtrend near this zone.
4.Place a Stop Loss just above or below the recent swing.
5.Aim for at least a 1:2 risk-to-reward ratio.

Moving average strategy

A moving average takes average price values and smoothes out data to highlight trend directions and essential support or resistance areas. Traders love this indicator for its simplicity and reliability. Implementing this strategy, you can confidently follow an existing trend.

How to use

1.Add two moving averages to your chart:
•50-day MA for short-term trends
•200-day MA for long-term trends

2.Open your trade according to the signals:

•Buy when the 50-day MA crosses the 200-day MA going up (a golden cross).
•Sell when the 50-day MA crosses the 200-day MA, moving down (death cross).

Apply this strategy to higher timeframes to improve reliability.

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These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!

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•Blazing-fast execution & enhanced stability

•38 built-in technical indicators & 21 timeframes for precision trading

•Optimized for all devices—desktop, mobile & web

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How charts can help you identify trends and predict trades in forex, stocks, and commodities

How charts can help you identify trends and predict trades in forex, stocks, and commodities

A chart pattern is a sequence of price movements repeating over time. Such a sequence lets you guess the following price movements if the sequence repeats. Chart patterns are an essential element of the technical analysis toolkit.

Chart patterns help you:

•Identify market trends.
•Predict market movements and open your positions with confidence.
•Analyze different markets, including Forex, stocks, commodities, etc.

Ascending and descending staircases

An ascending staircase pattern is a classic example of a bull market. When you notice this pattern, you might open long positions and enjoy the ride up until the trend shifts.

The dips here can be an excellent opportunity to buy in at a better price before the market pushes higher again.

Conversely, a descending staircase pattern indicates a market on the decline.

If you spot this downward trend, you might look for chances to sell and use brief upswings against the bear trend to enter short positions.

Ascending and descending triangles

An ascending triangle forms when an asset’s highs stay roughly the same while the lows gradually rise. This pattern usually signals that the market might keep moving up. The market tends to consolidate, but if the price moves past the resistance level, a new upward trend will follow.

You should double-check this pattern using volume indicators. If volume surges when the breakout happens, that’s a good sign the price will continue to rise. However, if the price falls under the support level or if volume drops, this might signal a downtrend begins.

A descending triangle usually signals that the market might break through the support level and keep falling, so it’s generally a bearish sign. However, if the market manages to break through the resistance level, it could indicate the start of an uptrend.

Flags

A flag pattern demonstrates a market’s pause before it makes its next big move. In a bullish flag, the lines slope downward, and when the price breaches the resistance level, it points to the start of a fresh upward trend. On the flip side, a bearish flag has lines sloping upward, and a drop below the support level means a new downtrend might be beginning.

Flags often appear after strong trends: bullish flags after an uptrend and bearish flags after a downtrend.

Wedges

A wedge pattern is similar to a flag, but the lines gradually converge instead of staying parallel. A drop in trading volume suggests we can anticipate a big move.

When you see a rising wedge, the market usually breaks down through support by the end of the pattern. This could be a sign for you to open a bearish trade or wrap up a long position.

Head and shoulders

A classic chart formation with a central peak (the head) and two shorter peaks known as the shoulders. All three peaks tend to align with a support level called the neckline.

The head and shoulders pattern suggests that bullish momentum is fading. The market tried to push higher twice but failed on the third attempt, which hints that it’s time for a downward move.

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