3 Popular Chart Patterns for Scalping
While there are many possible chart patterns and concepts that scalpers use to trade, these simple yet effective patterns that may be a scalper’s dream. Scalping is a certain trading style where traders specialize in making quick trades off small price changes. It uses the concept of support and resistance heavily and can incorporate indicators and chart […]
How to Trade the Three Rising Valleys Chart Pattern
Some traders may consider this pattern to be their favorite trend change pattern. Like the Three Falling Peaks pattern, the Three Rising Valleys (3RV) pattern is a breakout pattern. It is often seen in the stock market due to its simple identification, where the main part of the pattern is three valleys, each consecutive valley […]
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 […]