In this video, Giles Coghlan, Chief Currency Analyst, HYCM, will share with you the price formation pattern of the saucers and the spikes.

You may be very surprised to hear these two words used in fx trading but these saucers and spikes are price, pictures, or formations that appear on fx commodity or stock chart. And they can offer predictive value for the future path of price.

Giles will show how you can use those patterns in your trading as well as give some of the real-world examples.

HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.