The Ascending Scallop is a multiple candlestick chart pattern that indicates that a bullish continuation is taking place. This pattern forms close to the peak of an uptrend in the market. The ...

The GBP/USD is in a strong uptrend. The market is bullish and the ascending scallop should provide uptrend continuation. The POC zone is bullish for the pair. If the GBP/USD retraces back to 1.3050-70 ...

The latest comments from BOJ Kuroda saw GBP/JPY going up. Generally, he implied that weak yen can raise prices as import costs would rise but conversely, weak yen might indirectly affect the output ...

Dear Traders, In the low volatility trading the EUR/USD has formed an ascending scallop pattern looking for more gains before the FED decision today. Generally, last couple of weeks and I might say, ...

AUD/JPY has formed an ascending scallop pattern and currently its hanging close to resistance H3 - 96.95. A pullback towards 95.99 zone could be used for buying into dips as 95.99 shows strong POC ( ...

The GBP/USD is in a strong uptrend. The market is bullish and the ascending scallop should provide uptrend continuation. Dear Traders, The GBP/USD is in a strong uptrend. The market is bullish and the ...