One of my favorite technical patterns is SO easy, and we call it the AB=CD Pattern because it uses 4 legs of the price movement to tell me where to look for a price reversal. Make sure you look for this pattern on different timeframes. Some of the best ways to use this pattern on a faster timeframe (8range) is for stops and targets. hint hint!
Double-tops and Double-bottoms may be the highest percentage ‘price structure’ we use as traders. It doesn’t matter what type of trader; scalper, intraday, position or swing trading, we LOVE it when we see double-tops or double-bottoms because they are so consistently profitable. I have a simple day trading strategy that allows me to identify these patterns and then profit from them with low-risk trades.
When does price reverse its direction? We use the Three Signs of a Price Reversal to give us 3 big clues from any market and any timeframe to tell us when to look for price reversal trades, when to take profit, and when to hold onto the runner to maximize profits!
One of my favorite ways to turn 1 move into 2 winning trades in any market is the Slingshot Pattern. This is most often a 13-range 2-Step Pattern into a 21/34-range wave pattern and its some of the best trading you will see in our live trade room!
Double-tops and Double-bottoms may be the highest percentage ‘price structure’ we use as traders. It doesn’t matter what type of trader; scalper, intraday, position or swing trading, we LOVE it when we see double-tops or double-bottoms because they are so consistently profitable. I have a simple day trading strategy that allows me to identify these patterns and then profit from them with low-risk trades.
When does price reverse its direction? We use the Three Signs of a Price Reversal to give us 3 big clues from any market and any timeframe to tell us when to look for price reversal trades, when to take profit, and when to hold onto the runner to maximize profits!
One of my favorite ways to turn 1 move into 2 winning trades in any market is the Slingshot Pattern. This is most often a 13-range 2-Step Pattern into a 21/34-range wave pattern and its some of the best trading you will see in our live trade room!
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