The use of most patterns has been widely publicized in the last several years. Many traders are quite familiar with these patterns and often act on them in concern. This creates a self-fulfilling prophecy, as waves of buying or selling are created in response to “bullish” or “bearish” patterns.

The spot rate is the current market price, which is also called the “benchmark price”.

Most platforms provide guided tours, demos or tutorials, either online or via download.