"SR Zones are key levels where prices reverse or consolidate, helping traders identify entry and exit points."
Trendlines
"Trendlines highlight the market trend by connecting key price points, showing uptrends and downtrends, and helping predict price movements."
Morning and Evening Star
"Morning Star signals a bullish reversal after a downtrend, while Evening Star indicates a bearish reversal after an uptrend."
Parallel Channels
Detect channels formed by parallel lines that contain the price action. This pattern allows
you to gauge the strength of a trend and predict potential breakouts or reversals when
prices hit the channel boundaries.
Triangles
Recognize triangular formations that occur when price ranges narrow over time. These
patterns often signal a continuation of the current trend or a potential reversal once the
price breaks out of the triangle.
Trendlines
Draw straight lines connecting significant highs or lows to highlight the market's directional
bias. Trendlines are essential for understanding ongoing trends and spotting potential
reversals.
V-Shape
Detect rapid reversals characterized by a steep decline followed by an equally steep
recovery. A V-Shape indicates that the market quickly corrected itself, often presenting a
sharp trading opportunity.
Inside Bars
Recognize consolidation patterns where the current bar’s price range is entirely within the
previous bar’s range. Inside bars often precede breakouts, helping traders anticipate
significant moves.
Double Tops and Bottoms
Spot reversal patterns where the price tests a high or low level twice before reversing
direction. This pattern is a strong indicator that a trend reversal may be underway, signaling
traders to adjust their positions accordingly.
Moving Averages
Moving averages make it simpler to determine the trend's direction by smoothing down
price data into a single, flowing line.
Volatility
Volatility is a statistical measure of the dispersion of returns for a given security or market index. It is often measured from either the standard deviation or variance between those returns. In most cases, the higher the volatility, the riskier the security.
