Five Pattern Indicator for MT5
Introduction to the Five Pattern Indicator “M” and “W” Wave Patterns are price patterns identified by A. Merrill, which may predict how and where price would move next. These patterns are typically five-pointed patterns which are based on the swing highs and swing lows. The Five Pattern Indicator is a trading tool which is based […]
USA30 : Triangle Pattern Signals End of Rally?
USA30, DAILY The US stock indexes and the Russell 2000 have all advanced significantly since the start of the year, signaling optimism for American equities, but how long will that last? Some analysts think stock indexes will continue to rise in the coming months and the recovery will accelerate, but the pressure on consumers from […]
Ascending Triangle Pattern: How to Identify and Trade Guide
2023.01.24 2023.01.24 Ascending Triangle Chart Pattern: Definition, How to Trade it Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ The ascending triangle chart pattern came to us from Western technical analysis. The formation of an ascending triangle pattern on the chart warns traders of an imminent upward impulse breakout. The pattern is characterized by “squeezing” the price from below. That is, […]
Bear Flag Pattern: Definition & Trading Strategies
2023-01-06 2023-01-06 What is a Bear Flag Pattern? Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Every trader has many times come across the bear flag pattern, which resembles a pennant. The formation got its name due to the fact that after a consistent price decline, a slight upward correction occurs, resembling a flag. This gives a false price reversal signal. […]
Ultime Price Action market rhythm pattern explained – with entry signal
There is a certain rhythm to price movements and no matter which financial market you examine, you will be able to find this rhythm on your price charts. In this video, we will get to know the underlying market pattern that drives every price move. The post Ultime Price Action market rhythm pattern explained […]