W Pattern Trading
A W pattern is a double bottom chart pattern that has tall sides with a strong trend before and after the W on the chart. The W chart pattern is…
Read More »Diamond Pattern (Top & Bottom): Formation and Strategies
The diamond pattern is a relatively uncommon chart pattern in the financial market. Usually you can identify It at market tops and can signal a reversal of an uptrend. Its name comes from…
Read More »AUDUSD: The Critical Ingredient for Head and Shoulders Patterns
Head-and-shoulders patterns are some of the most recognizable charting formations, yet there is one element that I consider critical to the practicality of trading it. I highlight the critical dist…
Read More »EUR/USD Price Analysis: Forms head-and-shoulders pattern
EUR/USD is trading near 1.2094, representing a 0.11% drop on the day. The daily chart shows the pair has carved out a head-and-shoulders pattern with
Read More »EUR/USD Price Analysis: Double top pattern on 15-min chart
EUR/USD has carved out a double top bearish reversal pattern on the 15-minute chart. Acceptance under the double top neckline support of 1.2258 would
Read More »Bearish Abandoned Baby Pattern For Beginners
Japanese candlestick chart patterns are a way to read and interpret the price of financial instruments. Over the last few decades, traders have been using them to make trading decisions…
Read More »Day Trading with the Rising & Falling Wedge Pattern
Chart patterns play an essential role for traders using both technical analysis and price action-related strategies. In the past, we have covered several chart patterns such as triangle, engulfing, and…
Read More »Bump and Run Reversal Pattern
The bump and run reversal pattern is an advanced chart pattern that helps traders spot the end of a trend and the start of a new one. Below we…
Read More »The Cup and Handle Breakout Chart Pattern
The Cup and Handle is an age-old trading pattern that still holds relevance to this day. This is because while markets do change, along with some of the effectiveness of…
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