How to Trade the Pipe Tops and Bottoms Chart Pattern
The Pipe Tops and Bottoms pattern uses individual candlesticks to determine possible trading opportunities, which can occur on both daily and weekly charts. Yet, Pipe patterns on a weekly chart generally perform better than those on a daily chart. It may seem similar to a Horn pattern as traders may execute trades based on levels […]
How to Trade the Three Falling Peaks Chart Pattern
The Three Falling Peaks pattern is a particularly interesting pattern. It is studied by professional traders like Thomas Bulkowski. The pattern is a breakout pattern where the breakout is bearish. The pattern begins with an uptrend, which is followed by three peaks in price and then returns to the downside after the breakout. It also […]