Today, I’m going to give you a complete breakdown of one of the only chart patterns truly worth paying attention to in forex… Yes — the Double Bottom Pattern. Along with its twin, the Double Top, this pattern is one of the most reliable reversal formations in technical analysis. Formed when price creates two nearly […]
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Let’s face it: Many online guides fall short when it comes to explaining why and how support and resistance levels form, leaving traders in the dark on their most important aspects. Today, we’re going to change that. In this guide, you’ll discover: The Real Deal: A crystal-clear explanation of support and resistance levels – no
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In today’s post, I’m going to show you how to use one of the most useful and important tools in all of price action: Yes, I’m talking about the Fibonacci retracement tool. The Fibonacci retracement tool (or fib tool as I call it), is designed to help you find when and where a retracement will
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The pin bar reversal is one of the best price action strategies: it gets you into reversals early, can be used in a variety of ways, and is super easy to spot and trade. But for all its positives, the strategy has a big problem… False pins. Many pin bars — most of them in
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Trend lines are one of the most useful and versatile tools used by forex traders. But when it comes to drawing the lines, many traders, especially new ones, encounter issues. In today’s article, I’m going to show you how trend lines should be drawn. I’m also going to detail a couple of different ways you
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You can’t trade price action without understanding the pin bar reversal. Popular with both forex and stock traders, the pin bar reversal has cemented itself as one of the best price action strategies, and for good reason… With its long, easy-to-spot wick and tendency to predict reversals, the pin bar is not only beginner friendly
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