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A somewhat flawed ascending triangle patter is currently visible on the AUD/USD D1 chart. Its lower part has started back in mid January and the upper part is from early February. Otherwise it looks very good with the slopes and number of candlewicks touching the forming lines. Since a bullish trend …

Last week I’ve posted a pattern spotted on AUD/USD chart that seemed to be a descending triangle. It turned out to be false (with several features pointing on that fact even 7 days ago) and the whole pattern has now transformed into a falling wedge with a very gradual narrowing, which suggests …

For this week I’ve found more than last two times on the chart pattern field. EUR/CAD, AUD/USD, EUR/USD and USD/CHF currency pairs show some good setups for those traders that know how to trade on the chart patterns (and there is nothing difficult in that at all). …