This implies that the current price mirrors everything known to the market that could influence it. These factors encompass inflation, interest rates, supply and demand, political elements, and market sentiments.
It serves to identify patterns in market behavior that have long been acknowledged as significant. For any given pattern, there is a high likelihood that it will yield anticipated results. Certain patterns consistently repeat themselves.
Forex chart patterns have been identified and classified for over a century. The recurrence of many patterns suggests that human psychology undergoes minimal changes over time.
Three Types of Trends
Price Indicators
Waves
Gaps
Trade Indexes
We will delve into trend lines and how they can optimize the information available through your advanced charting tools on Fxkeyltd's MT5 platform. You can expand your understanding of technical analysis by participating in one of our complimentary weekly webinars.
TRADING PRODUCTS
Select Assets
Trade Forex
Trade Commodities
Trade Indexes
