James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

The Nasdaq 100 index has entered a consolidative mode since mid-April, falling more than 6% from its all-time high. The index formed a bearish , as highlighted in the chart above, suggesting that a ...

One reason why the Gartley pattern is so famous, yet is so rarely traded, is likely because of the conditions that must be fulfilled in order to qualify the pattern. For those interested, Tyler Yell's ...

Price-based chart patterns are my favorite trading tool. They show the balance between buyers and sellers that few other tools match. Chart patterns do not lag like moving averages and other such ...

Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...

Cash Market | Breakout of a Gartley pattern in DCW Price action in DCW shows a strong trend. Price action shows a formation of Gartley pattern which is a trend reversal pattern. Price action also sees ...

The Gartley trading pattern is a complex harmonic charting setup using Fibonacci Retracements, geared to finding reversals. The gartley is considered harmonic, because it looks for multiple fib ...

Harmonic patterns illustrate how prices of currencies behave under different market conditions to help you identify trend reversals and initiate buy or sell orders. These patterns rely on Fibonacci ...