Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
Head and shoulders pattern trading can be a great way to predict and capitalize on the end of a trend and an impending price reversal. A trend reversal formation, head and shoulders patterns are easy ...
Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...
Markets can be volatile at times. But even amid volatility, there are opportunities for pattern trading – including butterfly pattern trading. This charting pattern is the product of volatility and ...
Midrange reversal trades, also known as “1-2-3” setups, are one of the more consistent patterns that intraday and swing traders can use when entering new positions. Understanding how to trade ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...
Advanced Micro Devices, Inc AMD and GameStop Corporation GME have created double bottom and triple bottom patterns on the daily chart. A double bottom pattern is a reversal indicator that shows a ...
It's no secret that I like to zero in on the top 250 stocks in the market. And I've even shown you how to whittle those down to the 10 best stocks to trade at any given time. But even then, that's a ...
In our first article, we looked at Midrange 50% Retracement Patterns (also known as “1-2-3 Reversals”) for both day and swing trading patterns. In this final article in this two-part series we’ll take ...