Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...

Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...

Below are some of the most widely used and reliable trading patterns across financial markets. The flag pattern resembles a small channel moving against the prevailing trend. Despite the temporary ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...

A bear trap is a colloquial name for a particular trading pattern in the stock market. Essentially, it’s a relatively sudden movement in a stock or in the broad market that lures in investors who ...

Investors who trade financial assets like stocks on their own need tools to analyze the securities they are looking to buy or sell. The ability to evaluate stock trends and trading patterns is known ...