Forex market

Forex patterns, also known as chart patterns, are specific formations that appear on price charts of currency pairs traded in the foreign exchange (forex) market. These patterns are formed by the movements of prices over time and are often used by traders to identify potential future price movements and make trading decisions. Forex patterns can be categorized into two main types: continuation patterns and reversal patterns.

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Forex trading, foreign exchange trading or currency trading is the buying and selling of currencies on the forex market with the aim of making a profit. Forex is the world’s most-traded financial market, with transactions worth trillions of dollars taking place every day.

Candlestick