The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...
The ABCD trading pattern is one of the easiest harmonic patterns to recognise on a price chart, indicated by a four-point movement. Learn how to trade when you ...
Price-based chart patterns are my favorite trading tool. They show the balance between buyers and sellers that few other tools match. Chart patterns do not lag like moving averages and other such ...
If I had no knowledge of harmonic patterns and saw this E-mini S&P 500 Dec 13 (ESZ13:CME) chart, I would raise an eyebrow and have to wonder how this is beneficial to me; in fact, I would most likely ...
Nifty consolidated in a tight range of 300 points throughout last week and saw a flat weekly closing. The index was going through a complex correction at higher levels between 8,900-9,300 marks and a ...
Nifty has bounced by more than 1,000 points and has managed to close above crucial resistance and swing high of 9,040. The weekly candlestick has formed a bullish pattern by closing above the last ...
On June 17, 2014, I co-wrote an article with Randall Liss regarding an analysis for USDJPY harmonics and binaries, which was posted at MrTopStep site So this is a follow up on the intraday perspective ...
Disclaimer: The views shared through tweets are personal and not of my employer. Harmonic patterns are correction patterns and not reversal patterns. Any position must be taken after a thorough ...
if a short position was taken, price is at a scaling or exit point because it has reached the confluence target of the 1.3231 to 1.3214 zone. The right chart shows ...