Chart Patterns

The wolfe wave pattern counts five turning points on a chart, then uses two of them to draw a target line. Its appeal is the tidy geometry, and its weakness …

Most guides to the types of gaps in forex borrow their list from the stock market and forget to mention the awkward part. Spot currency trades almost around the clock, …

Measured move targets take the height of a chart pattern and project that same distance beyond the level which confirmed it. The arithmetic takes seconds, and the honest part is …

The wedge pattern meaning rests on one detail: both boundary lines slope the same way while the range between them narrows. That single feature separates a wedge from every triangle …

The three types of triangle patterns all describe one thing: a range that keeps narrowing. What separates them is the slope of the two boundary lines, and that slope tells …

Two shapes with rising lows sit at opposite ends of the textbook. The rising wedge vs ascending triangle problem comes down to a single line on the chart, and most …

One structure has a classical name and a century of textbooks behind it. The other arrived through price-action forums with a strange nickname, and the quasimodo pattern vs head and …

A list of harmonic patterns is really a list of Fibonacci ratios. Every shape uses the same five points, X, A, B, C and D, and the ratios between the …

An inverse head and shoulders pattern gives you three concrete decisions: where to enter, where the stop belongs, and how far to project the move. This guide leads with those …

Plenty of traders learn the five-three shape and then stall. Knowing how to use elliott wave counts on a live chart takes a different set of habits from reciting the …

The head and shoulders pattern meaning comes down to three pushes at a high, with the middle push standing tallest. Buyers try three times, and the line drawn under the …

The gartley pattern is a five-point price structure held together by two Fibonacci numbers. Point B retraces about 0.618 of the first leg, and point D completes near 0.786 of …

Two continuation shapes get mixed up more than any other pair on a forex chart. The flag vs pennant question has one honest answer, and it lives in the boundary …

The flag pattern meaning starts with a pole. A sharp, near-vertical move runs first, and only then does a small, shallow consolidation drift back against it. Without that pole you …

A falling wedge pattern gives you three things a chart rarely offers together: a defined entry level, a defined stop and a defined invalidation. Both boundaries slope down, and the …

Elliott wave rules come down to three conditions. Break one of them and the sequence you drew stops qualifying as an impulse, whatever the chart looks like. Everything else in …

Wave analysts lean on a small set of ratios. Elliott wave fibonacci targets describe where a leg has often finished in the past, and nothing stronger than that. This guide …

Impulses look tidy on a chart. Elliott wave corrective patterns rarely do, and that gap causes most of the frustration traders feel with wave analysis. This guide covers the three …

The double bottom pattern meaning starts with a level that stopped a decline twice. Two lows form at a similar price, a peak sits between them, and only a close …

The cup and handle meaning rests on one word: roundness. A base that curves gradually between two similar highs, followed by a shallow pullback, is what separates this shape from …

Every pattern guide shows you the textbook example that worked. Almost none of them explain why chart patterns fail so often, which leaves traders blaming themselves for something structural. This …

The butterfly harmonic pattern is the member of the family that refuses to stay inside its own first leg. Point B retraces about 0.786 of XA, and point D finishes …

Bat pattern vs gartley comes down to two measurements and nothing else. The B point retraces about 0.382 to 0.5 of XA in a bat, against roughly 0.618 in a …

Elliott wave theory says market moves unfold in repeating shapes: five waves with the larger trend, then three against it. Ralph Nelson Elliott built that model in the 1930s from …

The double top pattern marks a level that turned price away twice. Two highs form at roughly the same price, a trough sits between them, and only a close below …