Technical Analysis

A three line strike is a continuation group of candlesticks that has three in the direction of a trend followed by a final candle...

Bats are five point chart patterns that can point towards either a bullish or bearish breakout. They are quite similar in appearance to the butterfly...

A counter attack line happens when there’s a price gap between the close and open of two sessions. The “counter attack” fully reverses the gap taking the price back to the close of the previous session.

ABCD patterns can forecast a bullish or bearish breakout. Success in trading these patterns lies in timing the final point D.

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...

The butterfly is a harmonic chart pattern which you can use to trade possible trend reversals. Relatively new, it was first publicized in the...

Most of the technical chart patterns like heads and shoulders, double tops, triangles and so on are defined mainly by their appearance. In another...

Belt holds are a useful class of chart pattern because they highlight areas where market sentiment may be changing. As the name suggests, the...

When working with a trading platform, we usually become accustomed to looking at charts in just one particular timeframe. Perhaps it’s the one that’s proven most profitable in the past.

In renko charts, price movements are reduced to a few simple patterns and that makes them effective at locating trends, reversals, supports and resistances.