Divergence
Divergence is often considered a powerful leading indicator of price. It occurs when there is a discrepancy between the price…
1-2-3 Pattern
The 1-2-3 pattern is a chart pattern indicating the reversal of an existing trend. It occurs very frequently at the…
Elliott Wave
The Elliot Wave principle or Elliot Waves was developed by R.N. Elliot in the 1930s. It is a form of…
Harmonic Patterns
Principles of the Harmonic patterns are based on the Elliott Wave. The Harmonic patterns are defined by specific price structures…
Wolfe Wave
The Wolfe Wave is a five waves pattern that naturally exist in financial markets. In its simplest form the five…
Pivot Trading
The Pivot point system is a technique developed by floor traders to help ascertain where the price is relative to…