Diamond will put the things right

Use of the popular Forex pattern

The old ways are the best ways. The patterns described in Thomas Bulkowski’s best-selling Encyclopedia of Chart Patterns are many years old but they are still efficient and help traders to understand what is really going on in the market. My own experience suggests that such patterns as Expanding wedge and  Diamond bottom (top) are some of the most efficient patterns in technical analysis. Why not try to forecast a future movement of EUR/USD using them?

Expanding wedge is a pattern which includes a set of increasing maximums and decreasing minimums.   We can’t speak…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>