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2 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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2 years ago
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The Shark Pattern
Introduction Among harmonic patterns, the Shark pattern is a 5–point reversal structure that Scott Carney discovered in 2011. It is a combination of Fibonacci numbers and the Elliott Wave theory. It is a five–point pattern formation. It is a 5–point reversal structure that Scott Carney discovered in 2011. Essentially, the Shark consists of an impulse …
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Cypher Pattern
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Flag Pattern
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Double and Triple Pattern
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The Cup with Handle Pattern
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The Head-and-Shoulders Pattern
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