The Cup & Handle Pattern:
A Comprehensive Guide to Continuation Mastery
In the vast realm of technical analysis, the Cup & Handle pattern emerges as a brilliant beacon of insight—an extraordinary exemplar of a continuation pattern that elegantly unveils the ongoing momentum within an established trend. Its inherent elegance lies in its unparalleled ability to...
Before we delve into the double bottom analysis, I want to take a moment to express my immense gratitude to lucemanb for his exceptional creation of the zigzag indicator. This remarkable tool has become an integral part of my daily trading routine, aiding me in identifying critical price points and potential reversals.
Additionally, I must extend a heartfelt...
Hello traders, today we will delve into three types of triangles, which are significant chart patterns providing valuable insights into potential market movements. Understanding these patterns can play a pivotal role in making well-informed trading decisions. Let's explore each type and learn how to identify and interpret them effectively.
**1. Symmetrical...
In the dynamic world of financial markets, successful trading demands more than just a basic understanding of price movements. Chart patterns are the secret weapon wielded by seasoned traders to decipher market psychology and forecast future price directions. From the simplicity of triangles to the complexity of head and shoulders formations, these patterns offer...
/fibonacci
retracements, extensions and projections
FIBONACCI PRICE RELATIONSHIPS
We start by running three different types of Fibonacci price relationships to find our trade Pattern.
These are retracements, extensions, and price projections or price objectives.
Each of these price relationships will be setting up potential support or potential resistance in...
