Forex Victoria

Chart Patterns

Post Image Placeholder
Morning Doji Star: A Bullish Candlestick Pattern

Definition Morning Doji Star is a three candlestick pattern that consists of a bearish candlestick, a Doji candle, and a bullish candlestick in a...

Post Image Placeholder
Ascending Channel: Trade with Multi-Channel Strategy

Definition Ascending channel is a chart pattern that is made up of two upward parallel trend lines showing the bullish price trend on the price chart. This is a type...

Post Image Placeholder
Descending Channel Pattern: A Forex Trader’s Guide

Definition Descending Channel pattern is a type of channel in trading in which two parallel trendlines meeting the lower highs and lower lows of...

Post Image Placeholder
A Complete Guide to TREND CHANNELS in forex

What are Trend Channels? Trend channels refer to price channels that show the trend of the price in the form of two parallel trendlines...

Post Image Placeholder
Ascending Triangle Pattern: A Forex Trader’s Guide

Definition The ascending triangle pattern is a reversal or continuation price chart pattern that resembles the shape of a triangle with a base on...

Post Image Placeholder
Symmetrical Triangle Pattern: A Price Action Trader’s Guide

Definition The Symmetrical triangle pattern is a reversal/continuation chart pattern that resembles the shape of a sideways triangle on the chart in trading. A sideways symmetrical triangle means...

Post Image Placeholder
Bearish Flag Pattern Explained with Powerful Trading Plan

Definition The bearish flag is a continuation chart pattern that resembles the shape of a flag and it consists of two basic price waves...

Post Image Placeholder
Rounding Bottom Pattern: A Bullish Chart Pattern

The rounding bottom is a chart pattern that represents trend reversal and resembles the shape of the alphabet “U”. This reverses the bearish trend into a bullish trend. This is the...

Post Image Placeholder
Bull Flag Pattern: A Complete Trading Guide

Definition The bull flag is a continuation chart pattern that consists of two waves and resembles the shape of the flag in technical analysis trading. When...