Wedge Pattern – Reversal and Continuation
Wedge pattern are very common in price movements. Learn three ways to trade the pattern and how to apply the Elliott Wave Theory to anticipate the movement.
Double Top / Bottom – A reversal Pattern
A double top or bottom is a very powerful chart pattern. It tells us, that the market was not able to break the support or resistance zone. It also tells us, that supply or demand was big enough to drive price away from the zone. As you can read in my article about horizontal support and resistance, it is more of a zone or area where a double top occurs, then an exact line it has to touch to be valid.
Powerful Price Action Signals
Learn to identify powerful price action signal. From the classic pinbar and engulfing bar pattern to the fake breakout and morning star candlestick pattern.
Price Action Basics
Price action trading is a practice of trading with a clean chart. It is called price action because your only guidance is the price written on the chart. No indicators like moving averages, RSI, MACD or Ichimoku clouds are used.
Why support and resistance is still relevant
Support and resistance is an old concept which still holds true today. Find out want to keep in mind and how to spot good zones for entering a trade.