As a trader, it’s essential to familiarize yourself with one of the most prominent theories in technical analysis—the Wyckoff Price Cycle Theory. Understanding this type of market analysis can enhance your ability to

One of the most effective ways to spot a market turning point is by using divergence signals. These signals can help determine whether the market is likely to reverse upon reaching a support

The Bank Breakout Introduction To become a successful trader, it’s crucial to accept that the market is full of traps. This is simply the nature of financial markets. Banks and financial institutions profit

In this blog post, I’ll walk you through a trade example to demonstrate how to effectively use bank breakout traps to maximize your profits. This strategy is straightforward, easy to implement, and highly

Scientists have discovered that human decision-making, particularly in groups, often follows a unique pattern that aligns with the 61.8% ratio, known as “the golden mean,” which is derived from the Fibonacci number sequence.

The second method that traders commonly use to trade the double top chart pattern is the pullback trading entry technique. So, what exactly is the pullback trading entry technique? This approach involves waiting

The double top is a bearish reversal chart pattern commonly observed in bar charts, line charts, and candlestick charts. As the name suggests, the pattern is characterized by two consecutive peaks at approximately

In this blog post, I’ll guide you on how to identify supply and demand zones and trade them effectively. To locate supply and demand zones in the market, simply examine your charts and

In this blog post, I’ll walk you through how to draw supply and demand zones using pin bars as your reference candlesticks. A pin bar is a type of price bar, usually a

When starting any business, it’s essential to thoroughly understand every aspect of it; otherwise, success will be elusive. The same principle applies to trading in the financial markets: without a deep understanding of