Continuation Patterns Markets use constricted ranges to absorb price change before ejecting into new trends. Cutting Losses Attention to loss is a sign of trading experience. Attention to gain is a sign of trading immaturity. Declines Part 1 Declines are not chaotic events. The fearful crowd provides a rich source for profits on trades initiated during corrections and declines.
Double Bottoms Meet the most effective pattern in technical analysis.
Fibonacci Fibonacci numbers consistently mark hidden support and resistance. Garbage In, Garbage Out Use technical indicators to short-circuit your brain's ability to see patterns when they don't exist. Hammer Time Use two unique Japanese candlesticks to pinpoint reversals and set up profitable trades. The development of three descending highs and a horizontal floor often sets the stage for a major selloff. Launching Pad Stocks behave in unexpected ways when overhead supply is gone.