A double top pattern is one of most simple and reliable pattern in technical analysis. There is a high probability that a trader will predict correct move most of the time. This pattern is very easy to recognize and taking positions is quite simple. You can apply this to any time frame chart may it be weekly, daily or any intraday time frame chart. Have a look at the below image. How to trade ... [Continue Reading]
Trade using Gartley Pattern, Learn and trade patterns
Another interesting tradable pattern is the Gartley Pattern. The Gartley pattern one of those most traded pattern, which takes advantage of higher risk reward ratio. This pattern shows major reversal points in market, also it works with slowing momentum if not reversal. So most of the time you will apply this pattern in medium term chart like weekly chart. Fibonacci retracements play important ... [Continue Reading]