In this article, we will discuss the main price structures only. The author has plenty of patterns in store but you do not need to know all of them to trade successfully: you can choose a couple and learn how to use them properly in compliance with your capital management rules.
Tag: graphic models
Today, we will get acquainted with a tech analysis pattern called Diamond. Compared to other tech analysis patterns, the Diamond pattern appears rather rarely on the chart.
Today, I will speak about a classical method of detecting a trend reversal. Let us have a look at a group of reversal patterns, which are likely to precede a trend reversal.
Today, we will discuss yet another trend strategy called Three-Drive or Three Indians. It may have other names but the idea of the strategy and its signals remains the same.
A chart pattern means a repeated element in different spheres of life – nature, psychology, music, design, trading, etc. When it comes to trading, a pattern is a stable and repeated combination of data on prices, volumes, or indicators.