Day: November 3, 2019

November 3
2019

Forex Brokers Update — November 2nd, 2019

One new broker has made it into our lists during the last week: PrimeXBT — an offshore company with focus on cryptocurrency trading but with an ample offer in margin Forex trading as well. It is one of the few brokers that offer BTC-denominated accounts. PrimeXBT Some other brokers have been updated during the week: Exness has abandoned the European retail trading market and is now focusing […]

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November 3
2019

Non-Standard Bullish Pennant on GBP/CHF Daily Chart

The bullish pennant pattern that has formed on the daily timeframe of GBP/CHF chart doesn’t look like a classical example of a bullish pennant. The pole of the pattern consists of several candles and lasts for almost as long as the pennant part. I believe that this doesn’t invalidate the trade setup offered by this formation. More important to me seems the fact that the pennant occurs inside an uptrend. The chart below shows the pattern marked with the yellow lines. […]

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