Reversal Patterns
The Bat Pattern: Harmonic Chart Trading
Bats are five point chart patterns that can signify either a bullish or bearish breakout is building.
They are quite similar in appearance to the...
How to Spot Counter Attack Line Opportunities
What is a Counter Attack Line?
A counter attack line happens when there’s a price gap between the close and open of two sessions. The...
ABCD Patterns – Harmonic Chart Trading
ABCD patterns can forecast a bullish or bearish breakout. Success in trading these patterns lies in timing the final point D.
Bearish Crab, Bullish Crab – Trading Systems for Harmonic Patterns
Crab patterns often start to unfold when a market is making its highest high or lowest low in an established trend.
These harmonic structures can...
Basic Rules for Trading the Harmonic Butterfly
The butterfly is a harmonic chart pattern which you can use to trade possible trend reversals. Relatively new, it was first publicized in the...
The Bounce Trade: How to Profit from Price Bounces
Price bounces can be triggered by contact with any kind of support and resistance area. This can be a daily pivot line, a horizontal price support, a moving average line, or a Bollinger band line to name just a few.
Three-Inside Trend Reversals and How to Trade Them
The three-inside candlestick pattern is useful in predicting trend turning points and swings in currency pairs and other markets. It’s not a common pattern.
Harami Candlestick Patterns: Trading the “Inside Bar”
A harami pattern marks a sudden break in a trend where there’s indecision. At this point the buyers and sellers are closely matched leading the price to hover.
Is the Bullish Engulfing Candlestick a Reliable Pattern?
A bullish engulfing candlestick can be a useful buy signal. But in order to trade them we have to be able to recognize reliable patterns from the false ones.
Bearish Engulfing Candlestick: When is it a Strong Reversal Pattern?
If you’d blindly traded the bearish engulfing candle over the past decade, you’d probably have done slightly worse than if you’d traded on a coin flip.
