Triple Top Pattern
Triple Top is a reliable pattern that signals the reversal of a bullish trend. In a chart, the pattern is plotted as three consecutive highs of about equal height. Triple Top is a special...
Reversal Candlestick Patterns: Hammer and Hanging Man
Traders use technical and candlestick patterns both as standalone tools and a part of trading strategies. This article looks at two popular reversal candlestick patterns, Hammer and Hanging Man.
Before reading the article and writing...
Doji Candlestick Pattern Recognition
It’s safe to say that candlestick patterns are well-known to every trader. Even if you don’t use candlestick analysis in your trading, you must have a general idea of how you can recognize candles...
How to Trade Triangle Formation Correctly?
Whether you have ever opened a trade based on ascending, descending or symmetrical triangles and lost money due to a trend reversal?
We will see below how often the triangle model does not work and...
Forex Gap Trading Strategy Explained
A gap is a blank space that occurs on a chart after a price has moved sharply up or down. If major news is released after the exchange has already closed, you’ll probably see...
Wolfe Waves as a Price Action Trading Strategy
Many of you probably met Wolfe Wave trading strategy in the network. Some info businessmen try to sell training on its basis, although this trading strategy doesn’t have anything difficult or secret. Today we’ll...
Ross Hook Wave Indicator Strategy Explained
Trading has simple but extremely effective things that allow us to confidently profit each day. A vivid example, which is confirmed by this thesis, is the Ross Hook - a unique pattern that provides...
How to Use Engulfing Pattern to Identify Trend Reversals
As a standalone technical analysis method, candlestick models emerged as early as the 19th century and have been successfully used ever since. An engulfing pattern is a reversal candlestick pattern that indicates that the...
How to Trade the Dragon Price Action Pattern
Dragon pattern is a reversal model of technical analysis on Forex. It is a rare candlestick figure indicating the very beginning of a trend reversal.
Before reading the article and writing your questions in comments...
The Jaroo Price Action Strategy Explained
Today we are going to discuss the strategy known as the “Jaroo method”. It is a Price Action-based strategy having interesting features. It has its method of determining the key levels, and also simplified...
