The ABCD chart pattern is also nicknamed "Lightning Bolt". The key to the ABCD Harmonic chart pattern is price symmetry where AB segment is equal to CD segment. Bullish ABCD AB = CD Bullish reversal harmonic chart pattern Each point ...
he Dark Cloud Cover pattern is the opposite of the Piercing Line. The pattern gives a weaker signal than the Bearish Engulfing pattern. Bearish top reversal pattern Follows an uptrend 1st candle is a long green body 2nd candle is a long red body 2nd ...
The Symmetrical Triangle is considered a neutral price pattern. Usually a continuation pattern Also called a "Coil" Represents a period of price consolidation Formed of 2 converging trendlines (ascending and descending) Consists of 2 lower highs ...
Doji candles warn us of potential reversal... Always consider the trend preceding the Doji. Doji represent indecision between the bulls and the bears. Doji are more significant at market tops than bottoms. Doji Star A smaller range Doji ...
