Many people have been asking me about my trading journey. It has taken me quite a while to document my whole journey, but I know it’s worth the effort if it can inspire others to do the same. Well, here goes! Broke College Student When I first started my trading journey, I did not come […]
Another interesting feature of price patterns is how they play out across different timeframes. For example, if you see a pattern on the current timeframe chart you are using, have you wondered how it would look like on a timeframe which is higher or lower? Looking at the example above, on the left we […]
One of the advantages of price patterns is that they are very versatile, allowing you to combine or use them in conjunction with other trading tools or methodologies. For example, if your main method of analysis is Elliot Wave theory, the continuation price patterns will help you analyse the different consolidation permutations, such as flags, […]
When looking for price patterns on your chart, it is important to take note of the context in which the patterns appear. The most important context is probably the trend. In an uptrend, you want to be looking for continuation patterns, which will give you a good opportunity to get onto the trend, whereas if […]
There are 2 categories of price patterns, mainly continuation patterns and reversal patterns. Continuation patterns, are their name suggests, usually leads to a continuation of the prior price trend. You are likely to see them in the middle of a trend, when the price is taking a pause, and forms a consolidation to build up […]
