Technical Analysis

Upside Gap Three Methods

Upside Gap Three Methods is a three candlestick bullish continuation pattern. The formation occurs in an uptrend beginning with two long bodied white candlesticks separated by a gap. The third candlestick in the pattern is black and closes the gap between the first two candlesticks. For a complete

Unique Three River Bottom

The Unique Three River Bottom is a bullish reversal pattern occuring during a downtrend. The first candle is long bodied and black. The second candle is black, small bodied and makes a new low. The third candle is small and white, it’s body beneath that of the second candle. For a complete pr

Morning Star

The Morning Star is a three candle bullish reversal pattern that occurs during a downtrend. The first day of the Japanese Candlesticks pattern is part of the downtrend with a long black body. The following day gaps lower and has a small white body. The last day is a white candlestick that closes abo

Morning Doji Star

A three candle bullish reversal pattern. The first candle is in a downtrend with a long black real body. The following candle opens lower and has a small trading range. The last candle in the series is white and closes above the midpoint of the first candle. For a complete printable refer

Absolute Price Oscillator (APO)

An indicator based on the difference between two exponential moving averages, expressed in absolute terms. Also known as the MACD indicator, the APO is calculated by subtracting the longer exponential moving average from the shorter exponential moving average. See also:

Fibonacci

Leonardo Pisano, better known by his nickname, Fibonacci, was an Italian mathematician born in Pisa in the 12th century. He is known to have discovered the Fibonacci numbers, said to be based upon observations of the Great Pyramid of Gizeh in Egypt. Fibonacci Numbers are a sequence of numbers where

Spring

A Spring describes a price movement that breaks through support, but rapidly retraces back above the this level, unable to maintain momentum. A Spring is the opposite of an Up-thrust.

Exponential Moving Average

The Exponential Moving Average is the most popular of all the versions of the moving average. The exponentially smoothed moving average gives greater weight to recent price data and also includes all the data in the life of the security. The user is able to adjust the weighting for the most recent p

Three White Soldiers

Three White Soldiers is a three candle bullish reversal formation. This Japanese Candlesticks pattern occurs in a downtrend where three bullish candles occur in succession, each candle has a higher close and each candle opens within the previous candle’s body. Opposite of Three Black Crows Fo

Elliott Wave Theory

A technical analysis market timing strategy published by Ralph Nelson Elliott. Elliott Wave Analysis is based on repetitive wave patterns and the Fibonacci number sequence. The theory asserts that the stock market moves up in a series of five waves and down in a series of three waves, predicting pri