Pattern recognition is a vast field and can have many innovative ideas or unexplored techniques. This article sheds some light on a type of pattern that can be applied in
Fair Value Gaps are, besides stop runs and Orderblocks, one of the most known concepts in Retail Trading. Many fail to use them correctly by putting too much focus on each individual Candle or Gap that looks like a Fair Value Gap. By doing that, they often ignore the context of the general chart and the Higher Time Frame. I personally make use of them daily, but only in context with other patterns and price levels, the HTF bias. Since there’s no “right” way to trade and to use them effectively it’s a bit of an art to
What are Stop Runs? Stop Runs are price levels where price likes to return after creating relatively equal highs. In this post, I’ll show you how to apply this concept
Hello Tradebuddies, in this article I’ll show you how to work with the classic ABCD. Basically, the ABCD pattern is the basis of the harmonic pattern and is referred to
Updates Salesforce: Let’s start with the last stock analysis I posted on TakeProfit, Salesforce. This trade resulted in a 26.56% drop or $76.67 move per share at the lowpoint. As
Following up with the trade and chart drawings from yesterday, we can see that we did in fact go above the BSL outlines in yesterday’s edition, which would be a