Chapter 17. Short-Term Patterns
Chapter Objectives
After studying this chapter, you should be familiar with
• How short-term patterns can be used as a tool to identify reversals in longer-term trends
• The types of gaps that occur on bar charts and the significance of the various types
• Wide-range days and narrow-range days and their implications for volatility
• The formation and interpretation of the most common candlestick patterns
In previous chapters, we looked at longer-term patterns in bar charts and point and figure charts. We now turn our attention to short-term patterns. In this chapter, our focus is on short-term patterns on bar charts and candlestick charts. These patterns concentrate on the configuration and characteristics of ...
Get Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
