Hi All Trader's -- We Have Today New Education Lesson For ( Top Chart Patterns ) 1- Symmetrical Triangle Pattern 2- Ascending Triangle Pattern 3- Inverse Head And Shoulders Pattern 4- Cup And Handle Pattern 5- Falling Wedge 6- Symmetrical Triangle Pattern ( Bearish ) 7- Ascending Triangle Pattern ( Bearish ) 8- Head And Shoulders 9- Inverse Cup And Handle...
Hello everyone: Welcome back to another video on risk management. Today I want to discuss a few possible entries that we can do in the market when we spot the next impulsive phrase of the market condition. I will break down the 3 types of entries that I always look for when I am about to execute a trade. Sometimes we will see all 3 entries present themselves,...
Here is a chart of EURCAD. There were various opportunities available both short term and long term. Once you can identify chart patterns, you can easily anticipate where price will go next. A great chart pattern that I always use is flags - Bull Flags and Bear Flags. In the chart you can see that many times price impulsed and then created a flag and then carried...
Hello everyone: Welcome back to another price action structures/patterns video. Today let's take a look into the reversal Impulse price action from the market. I have back tested and seen these types of price action happen very often in any market, any time frame. Its signaling a very strong trend change and reversal momentum from the price. Let's take a...
Today there are several popular bullish patterns on the Forex market. 1. Flag - trend continuation. Has a strong price movement (flag staff), then a correction zone (flag cloth). The correction zone can be located both horizontally and inclined to the "shaft". 2. Cup Or else "cup with handle. U-shape + corrective movement (" handle ") within 1/3 of the" cup....
Hello everyone: Welcome to a backtesting/charting session on price action analysis. Many have inquired about how to properly identify market phrases (Impulse phrase vs corrective phrase). In addition, how to use trendline properly to identify a structure/pattern as a continuation or reversal correction. This session will be the start to all these. So let's...
Hello everyone: In this quick educational video, I will go over how I utilize Head and Shoulder Pattern/structure in the market. Specifically, how I identify reversal price action from a Head and Shoulder Pattern. It's important to understand that Head and Shoulder Is a reversal structure in the market. When we identify these patterns, they are usually at the...
Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional...
Here we have an example of a bullish flag. It has a very good risk to reward ration ( 1 : 7 = 750 pips ). It's an easy pattern to spot and you can combine it with Fibonacci retracement or support/resistance or whatever tool you want. DON'T LET ANOTHER FLAG UNTRADED ! ! !
Here we have 2 examples of a flag pattern. A smooth one & an aggressive one, both works quite well. You can combine it with a Fibonacci retracement or support/resistance or whatever toll you want. It's easy to spot & if you catch the breakout the risk to reward is very good ! ! !
In this above chart we can see about the trend continuation patterns such as pennant triangle,rectangle and flag patterns
What makes the chart interesting today is that: . GBPAUD challenging the 1.8415 ~ 1.8450 resistance zone. . Min 450 pips room to run. A break above 1.8450 could push the pair to its 1.8900 previous areas of interest. . A rejection at the Flag range resistance, however, could lead to another retest of the Flag’s support. Will the GBP see an upside breakout...
Just look at the chart. This is what I see when I look at the candles. Learning these patterns can ultimately help you become a better trader.
Pin Bar 50% Fibonacci Retracement
USDSGD Targets (Red Horizontal Support Resistance Line)
NZDUSD Parallel Channel (Equidistant Channel) (Flag)
Look For Buy Opportunities Above 110.210. Look For Sell Opportunities Below 110.048.