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 ...
Markets can be volatile at times. But even amid volatility, there are opportunities for pattern trading – including butterfly pattern trading. This charting pattern is the product of volatility and ...
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 ...
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 ...
Yahoo [YAHOO] found buyers at the completion of a Bullish Butterfly harmonic pattern, the ideal minimum retracement target is 35.21 but there is a level of 34.45 that is the initial resistance test.
The monthly SPX shows price is currently testing a Harmonic Pattern, Bearish Butterfly, PRZ (Potential Reversal Zone aka the completion target for a Harmonic Pattern), this last leg to complete the ...