The triangle pattern is one of the common chart patterns you will encounter when analyzing stocks for short-term trading, and the most reasonable way to trade the pattern is the breakout strategy. What is the breakout triangle strategy? The triangle…
One interesting thing about technical analysis is that there are many tools you can use to analyze the market. One of the most powerful and versatile but underutilized tools in trading is the trendline. You can use it to do…
If all chart patterns are as simple as the rectangle pattern, every technical trader would be a chartist of some sort. One of the most popular chart patterns every trader should know, the pattern is easy to spot. But what…
Chart patterns are one of the most powerful for analyzing price action. They help you to understand the rice structure and the state of the trend. Pennants are one of the common chart patterns traders look out for, but what…
There are different types of the harmonic chart pattern. The Bat pattern is one of the many harmonic patterns named after animals, but what is it? The Bat pattern is a simple XABCD harmonic pattern that consists of four price…
In the world of price action trading, there are different kinds of chart patterns, ranging from simple ones like triangles to the more advanced ones like the harmonic patterns. Are you wondering what the harmonic pattern is? In chart analysis,…
Finding good opportunities in trading might involve understanding the concepts of support and resistance. These are like the building blocks of support and resistance trading strategies, and is a very popular approach for technically inclined traders. Support and resistance are…
Learning how to accurately identify and analyze the double bottom chart pattern trading strategy can help you read market conditions and determine when to look for buying opportunities. But what is this double bottom chart pattern? The double bottom chart…
Some price patterns are more frequent in certain markets due to the volatility in such markets. Seen mostly on Bitcoin charts, the claw pattern is one such pattern. But what is the claw pattern trading strategy? The claw pattern is…
Technical analysis strategy is a popular way of analyzing and forecasting price movements of financial assets such as currencies, stocks, commodities, bonds, and cryptocurrencies. While this strategy is as old as modern financial markets, not many know what it is…
Although it is not one of the patterns described by H.M. Gartley or Scott Carney, the Cypher pattern is considered one of the harmonic patterns since it has a similar structure — with four swings and five swing points. But…
Footprint trading strategy is a popular strategy used by traders to analyze and interpret order flow and volume data in financial markets. It provides valuable insights into the dynamics of buying and selling activities at each price level. In this…
Chart patterns can help you understand the condition of the market. The double top pattern can warn you about a market peak, but do you know what it is and how to identify it? The double top chart pattern trading…
We were not able to 100% quantify a head and shoulders trading strategy. The formation is too difficult to put down into specific backtest rules. However, we were able to find some statistics done many years ago by Thomas Bulkowski…
In technical analysis, chart patterns are price action structures that can give a clue about how the price may move next. There are different kinds of chart patterns, and one of them is the ascending triangle pattern. The ascending triangle…
There are some very aggressive market strategies that seek to capitalize on very fast-moving markets. The Bump and Run chart pattern is one of such aggressive strategies that will help you spot the end of a trend and the beginning…
If you are a price action trader, chart patterns, such as the symmetrical triangle, could be one of the best tricks in your toolbox. The pattern forms in all timeframes and can be used for any style of trading. However,…
As a technical trader, you must have encountered some chart patterns. They are an integral aspect of technical analysis, especially for discretionary traders. But what is a chart pattern trading strategy? A chart pattern strategy is based on recognizable shapes…
There are many harmonic chart patterns that traders use to spot potential price reversal periods, and the Butterfly pattern is one of them. But what is Butterfly harmonic pattern trading strategy? The Butterfly harmonic pattern is a retracement and continuation…
Named after H.M. Gartley who was the first to discover harmonic chart patterns, the Gartley pattern is one of the most traded harmonic patterns. But what is the pattern, and how is it used in trading? The Gartley harmonic chart…
Traders are always looking for a way to follow the pulse and rhythm of the market and the harmonic patterns do just that. We know that the Crab harmonic pattern is one of the many harmonic patterns named after animals….
Spotting trends at the early stages can be a challenging task, but at least, you can trade the continuation if you know what to look for. Bull and bear flags are popular trend continuation patterns in technical analysis, but here,…
Chart pattern recognition is one of the most popular techniques employed by chartists and technical traders; they constantly study and analyze price movements in hopes of detecting patterns that show the next most probable price movement. While there are many…
Whether you trace the origin to the 19th century American Charles Dow, who created the DJIA Index, or the 18th century Japanese Homma Munehisa, who invented the candlestick Pattern chart, technical analysis has got a rich history. And traders will…
The history of technical analysis is very important to understand to become a successful trader. A lot of traders make use of technical analysis to analyze the market and find trading opportunities, but many do not know the origin. Ever…
