What Are Pivot Points? What are pivot points (PP)? Professional traders and market makers use pivot points to identify potential support and resistance levels. Simply put, they are […]
Chart Patterns Cheat Sheet. I am now going to give you a chart patterns cheat sheet. It is a neat little cheat sheet to help you […]
Bilateral Chart Patterns. Bilateral chart patterns are a bit more tricky because these signal that the price can move EITHER way. Huh? What kind of a signal […]
Continuation Chart Patterns. Let’s look at continuation chart patterns. These chart patterns are those chart formations that signal that the ongoing trend will resume. Usually, these are […]
The 3 Main Groups of Chart Patterns. Let’s examine the 3 main groups of chart patterns. In this section, we’ll discuss a bit more about how […]
Descending Triangle. Now let’s take a look at a descending triangle. As you probably guessed, descending triangles are the exact opposite of ascending triangles. In descending […]
Ascending Triangle. An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows. […]
Symmetrical Triangle. A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point […]
How to Trade Triangle Chart Patterns. Let’s examine how to trade triangle chart patterns. A triangle chart pattern involves price moving into a tighter and tighter […]
Bullish Pennants. Now let’s take a look at bullish pennants. Bullish pennants, just like its name suggests, signals that bulls are about to go a-chargin’ again. […]
How to Trade Bearish and Bullish Pennants. Let’s take a look at how to trade bearish and bullish pennants. Similar to rectangles, pennants are continuation chart […]
Bearish Rectangle. A bearish rectangle is formed when the price consolidates for a while during a downtrend. This happens because sellers probably need to pause and catch their […]
Rectangle Chart Patterns to Trade Breakouts. Let’s look at how to use rectangle chart patterns to trade breakouts. What is a rectangle chart pattern? A rectangle is […]
Falling Wedge. Just like the rising wedge, the falling wedge can either be a reversal or continuation signal. As a reversal signal, they form it at the bottom […]
Rising Wedge. A rising wedge is formed when the price consolidates between upward-sloping support and resistance lines. Here, the slope of the support line is steeper than […]
How to Trade Wedge Chart Patterns. Let’s take a look at how to trade wedge chart patterns. In a Wedge chart pattern, two trend lines converge. It […]
Inverse Head and Shoulders. Now let’s take a look at an inverse head and shoulders formation. The name speaks for itself. It is a head and […]
How to Trade the Head and Shoulders Pattern. The head and shoulders chart pattern is a reversal pattern and is most often seen in uptrends. Not only […]
Double Bottom. The double bottom is also a trend reversal formation, but this time we are looking to go long instead of short. These formations occur after […]
How to Trade Double Tops and Double Bottoms. Continuing our lesson from the last session let’s look at how to trade double tops and double bottoms. […]
How to Trade Chart Patterns. By now you have an arsenal of weapons to use when you battle the market. In this lesson, you will add […]