What is the Head and Shoulders Pattern The head and shoulders pattern is a very popular reversal pattern. With this pattern you are looking for a price action reversal with price reversing back lower. One of the best things about this pattern is that you can use it on any time frame and in …
Beginner Trading Lessons
Is Forex Trading Halal or Haram?
Is Trading Forex Allowed in Islam? The answer to whether trading is halal and allowed under Islamic law is not straightforward. Under certain conditions exchanging of currencies is halal, however there are some difficulties around these exact conditions that need to be met. Forex …
How to Find and Trade the Rounding Bottom Chart Pattern
What is a Rounding Bottom Chart Pattern? The rounding bottom chart pattern is known as a bullish reversal pattern. After moving lower in a downtrend price will form a series of movements that when created look like a ‘U’ shape. The rounding bottom can be spotted and traded in many different …
