## What Is The Three-Drive Pattern & How To Trade With It

The Three-Drive pattern is a Harmonic pattern that defines a potential reversal. The pattern was first mentioned in Robert Prechter’s book, “Elliot Wave Principle.” Later, Scott Carney modifies Three-Drive with Fibonacci ratios. What is the Three-Drive pattern? The structure of the Three-Drive differs from other patterns. It has only three ..Read More

## What Is The Shark Pattern & How To Trade With It

The Shark pattern is a type of Harmonic pattern that describes the immediate change in price action after its formation. Introduced by Scott Carney in 2011, the Shark pattern is a later addition to the Harmonic pattern family. What is the Shark pattern? The Shark pattern consists of five swing ..Read More

## What Is The Rectangle Pattern & How To Trade With It

The Rectangle pattern is a price pattern forming between the support and resistance levels. The pattern resembles a rectangular box. What is the Rectangle pattern? In the Rectangle pattern, the price is constrained by support and resistance levels. This means observing the pattern on a chart, and traders need to ..Read More

## What Is The Pennant Pattern & How To Trade With It

The Pennant pattern is a continuation pattern that forms when there is a large price movement, followed by a brief consolidation, and finally moving in the same direction. The pattern looks like a small symmetrical triangle. What is the Pennant pattern? The Pennant compromises of series of price’s highs and ..Read More

## What Is The Master Candle Pattern & How To Trade With It

The Master Candle pattern is a breakout pattern that compromises of highs and lows of the next four candles. These four candles are present right after the formation of the Master Candle. Also, the Master is bigger than the following four candles. The name of the pattern familiarizes with the ..Read More

## What Is The Gartley Pattern & How To Trade With It

The Gartley pattern is a type of Harmonic pattern that is based on Fibonacci numbers and ratios. Like other Harmonic patterns, the Gartley describes the price highs and lows. H.M. Gartley introduced the pattern in 1932 with his book “Profits in the Stock Market.” The Garley is also known as ..Read More

## What Is The Diamond Chart Pattern & How To Trade With It

The Diamond pattern is a reversal pattern that appears at major tops and bottoms. It rarely surfaces on the chart and has a V-shaped neckline. What is the Diamond chart pattern? The Diamond pattern, with its unique appearance, identifies a potential reversal. It comes in two types; Diamond bottom and ..Read More

## What Is The Cypher Pattern & How To Trade With It

The Cypher is a five-point Harmonic pattern that describes the price highs and lows, eventually indicating a potential reversal. Darren Oglesbee introduced the pattern. The Cypher pattern frequently appears on the forex charts. What is the Cypher pattern? The Cypher forms peaks and troughs of the price (like support and ..Read More