When you first encounter the chart, you may feel like you know nothing about this vast ocean and that you’ll never be able to stand tall among these giants. But that’s not the case. You can easily navigate this field, like a piece of cake, by…
The Three-Drive Pattern is one of the price patterns in technical analysis and price action, used to identify trend reversals in Forex. This pattern is based on the well-known Fibonacci ratios and completes with 127% or 161.8% (618%) extensions. This pattern consists of three impulse waves, where the price typically reaches a significant level,…
You have probably seen two price patterns in a row in the RTM style and identified them well, but you may not know what the area is called where the price is between the two patterns, what it is, and…
In today’s world, trading happens very fast and traders are looking for a suitable strategy that can catch up with this speed and not fall behind. The RTM trading style focuses on understanding the organizational order flow and market structure,…
The CP (Compression) pattern in RTM (Read The Market) price action is a trend-reversal pattern, indicating that the market trend is likely to reverse in the near future. If you observe the CP pattern closely, you’ll notice that it resembles a parabolic wedge pattern. The CP pattern is one of…
What is the concept of engulf in RTM? In the RTM (Read The Market) style, traders need some form of proper confirmation to enter trades. An engulfing candle that forms at key levels can serve as a suitable confirmation for…
What is Flag Limit (FL)? Flag Limit (FL), abbreviated as FL, is one of the most widely used concepts in technical analysis, particularly in the RTM (Read The Market) style. This concept helps traders identify potential price reversal points in the market. The Flag Limit acts…
When Steven W., a young Singaporean with a passion for trading, shared his trading setup on the Forex Factory forum, he probably never imagined that his strategy would become this popular and profitable. Today, it is recognized as one of the best…
“Swap” or “Reversal is a concept that states: Whenever there is a strong supply or demand zone (such as FTR, FL, or CAPS), but the price disregards it and breaks through forcefully, the role of that zone will reverse. This means…
You see trends and indicators, but there’s something missing—the missing piece is Origin. Even if you know all the technical aspects, you might make profits most of the time, but if you don’t know where the movement originates, you could suffer avoidable losses. This article…
