Harmonics

Markets never go in a straight line, in either direction. One question then that a trader has to ask is at what level to expect a retracement, aka a pullback. Failing to account for retracement can either result in missing out on profits, by exiting the trade too soon.

The cypher is easily noticed on a chart because it has a characteristic wave like appearance displaying either rising peaks or falling valleys.

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...

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...