Featured Forex Broker Reviews

  • Click Here
  • Click Here
  • FXCM Forex Capital Markets
  • fxclub
  • etoro forex
  • VantageFX
  • Marketiva Forex
  • GFT Forex
  • CMSForex
  • ava fx
  • IBFX
  • Forex.com Gain Capital Brokers
  • dukascopy fx trading

Advertise with us

Home » Forex Glossary » Price Channel

Price Channel

It is a continuation pattern that can slope in either direction while being bound by an upper and lower trendline. Within these boundaries the price action is confined as the price trend influence the movement of the price channel. For example a downward slope in the price channel indicates a negative movement and is considered bearish while an upward sloping price channel is considered bullish.