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 ...
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 ...
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 ...
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 ...
Harmonic patterns illustrate how prices of currencies behave under different market conditions to help you identify trend reversals and initiate buy or sell orders. These patterns rely on Fibonacci ...
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 ...
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 ...