ATH (All Time High)

A clear directional change is happening and initial impulse move has already started. Yet, the market pulled back magically and stuck there for a while before the market can continue ...

3 short thursts in the same direction yet price does not gain much ground in that direction. A reliable pattern pointing to short term exhaustion and that a pullback is ...

A price spike thru an important price level and then immediately snap back and bounded by the price level again. For example, a stock can spike through its 20-week highest close ...

Open range for a timeframe is the range established during the initiation process in STOPD. It is a yardstick good for measuring the price behaviour dynamically. For example, for intraday ...

Consolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the ...

Inverse Head and Shoulder is the upside down chart pattern of Head and Shoulder. Contrary to popular subjective usage or description, IHS should not have its right shoulder dropping below ...

Classic chart pattern pointing to potential moves to higher price level. Its bearish version is called double top. Detail description of Double Top can be found here.

Federal Open Market Committee (FOMC) of the Federal Reserve in United States holds regular meetings on its interest rate and other monetary policy decisions. The post-meeting announcements are widely monitored ...

Head and Shoulder is a classic chart pattern that has been used abusively by many people or amateur chartists. There is only one form of HS that has statistical significance. ...

The price where a significant move started. e.g. the resistance before break out to the upside or the support before break out to the downside