For example, Steve Nison, author of the Japanese Candlestick Charting Techniques trading book, suggests there are hundreds of chart patterns. However, traders regularly use fewer chart patterns than ...

See the example of a forex oscillation chart pattern below, we also have a complete lesson dedicated to range trading oscillating pairs in our forex lesson package for more details. Forex Triangle ...

Gartley patterns are the most common harmonic chart pattern. The stop-loss point is often positioned at Point 0 or X and the take-profit is often set at point C.

Learn more: Head and shoulders pattern Double Top and Double Bottom. Double tops and douple bottom chart patterns are reversal patterns resembling the letters M or W. When a price rises and ...

An evening star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It's bearish and the opposite of a morning star.

Chart patterns are graphical representations of price movements that can help traders identify trends, support and resistance levels, and potential entry and exit points. However, chart patterns ...

Learn how to use chart patterns to trade with your personal style and preferences. Follow six simple steps to choose your time frame, identify the patterns, measure the target, set your entry and ...

For example, they may opt for timeframes that reflect the previous hours, days, weeks, etc. Generally, larger chart time frames tend to form more robust, lasting breakouts, whereas a one-minute or ...

This creates a visual “J” on the chart—a curved pause followed by a surge higher. Here’s an example of the J-hook in the Nasdaq. We see a prior uptrend, followed by a pullback and then a break of the ...