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Price Action / Chart Patterns

Short Term Spike Base Example

Cable : lower than expected GDP number yesterday caused the pound to spike lower. Pushes higher on the currency caused it to revisit the consolidation area ahead of the spike seen below. The original spike
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Quasimodo Over and Under Pattern Forex

Quasimodo (Over and Under Pattern)

Update, 2023: Welcome! This is the original, 2009 article for what (somehow) blew up and what became the infamous Quasimodo price pattern. It's short / succinct, but like all price patterns, there is not much
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Spike Base Pattern

Following a spike, price will consolidate towards the highs. These work best when visible on larger timeframes, allowing more exposure to the rest of the world. When price retreats back down (or up), the bottom
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The Bottom of The Bucket

Here's a pattern that happens all the time and is important for taking advantage of a lot of intraday buying and selling opportunities. You'll notice that when price makes a “U” formation at a turning
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