There is certainly something that you've never seen before.
it may be a small thing, but do not ignore it.»
The name itself says it all: pattern of prices. Pattern means literally template. When a Technical Analyst speaks of price patterns, he means micro models able to communicate, more or less clearly, the real power ratio between buyers and sellers. That's it. The patterns are not forecasting models of the future market price but, rather, they are an excellent communicator of intentions; something like on 'how to analyze the voting intentions in a poll.
Patterns are very different amongst themselves. There are so many types, and they can be traced in:
- Candlestick pattern
- Graphic patterns, discretionary
- Graphic patterns, nondiscretionary or setup
The Candlestick Patterns are widely covered in section Analysis Candlestick, along with major basic formation guidance. The discretionary graphic patterns include graphic signs, real configurations which are not objectively identifiable; they are, as a fact, "discretionary". Finally, non-discretionary graphic patterns or set-ups are clear indications that leave no room for doubt about their occurrence. Many of these set-ups see the candlestick chart as protagonist.
- To follow a logical thread you may click on “Patterns sequential index”, where entries are grouped by chapters as in a book.
This category has only the following subcategory.
Pages in category "Patterns"
The following 24 pages are in this category, out of 24 total.