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3 years ago
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Elliott Wave Theory
What is the Elliott Wave Theory? The Elliott Wave Theory is a method of market analysis. It is based on the concept that the market shows the same types of patterns on a smaller timeframe (lesser degree) as well as a longer timeframe (higher degree). Such patterns successfully predict as to what might happen next in …
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3 years ago
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Three Drives Pattern
Introduction Among harmonic chart patterns, the Three Drives pattern is a well-known one. It is essentially a reversal pattern that is typified by a series of higher highs or lower lows. A relative of the ABCD pattern, it was mentioned in Robert Prechter‘s renowned book Elliot Wave Principle. This pattern can signal that the market is exhausted …
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Cypher Pattern
Crab Pattern
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The Cup with Handle Pattern
The Head-and-Shoulders Pattern