Elite Forex Trading

Technical Analysis

Indicators, chart patterns, candlesticks, Fibonacci and how to read market structure.

Candlestick Patterns Explained
Technical Analysis

Candlestick Patterns Explained

Reading a candle's anatomy and the patterns it forms — and why context decides everything.

8 min readJune 3, 2026
Chart Patterns Explained
Technical Analysis

Chart Patterns Explained

Reversal vs continuation patterns, the measured move, and why confirmation matters.

8 min readJune 3, 2026
The Cup and Handle Pattern
Technical Analysis

The Cup and Handle Pattern

How the bullish cup-and-handle forms — the rounded cup, the handle, the breakout.

8 min readJune 3, 2026
Fibonacci Retracements Explained
Technical Analysis

Fibonacci Retracements Explained

The key levels, how they act as support and resistance, and how to use them.

7 min readJune 3, 2026
The Harami Candlestick Pattern
Technical Analysis

The Harami Candlestick Pattern

How a small candle inside the prior large body signals stalling momentum and a possible reversal.

8 min readJune 3, 2026
Multi-Timeframe Analysis
Technical Analysis

Multi-Timeframe Analysis

The top-down approach of aligning entries with the higher-timeframe trend.

8 min readJune 3, 2026
Pivot Points Explained
Technical Analysis

Pivot Points Explained

How pivot points are calculated, how day traders use the PP and R/S levels, and the variations.

8 min readJune 3, 2026
Renko Charts
Technical Analysis

Renko Charts

How Renko charts ignore time and plot only fixed price moves — filtering noise to clarify trend, and the trade-offs.

8 min readJune 3, 2026
Support and Resistance Explained
Technical Analysis

Support and Resistance Explained

The foundational levels where price pauses and reverses — what they are, why they form, and how to trade them.

8 min readJune 3, 2026
Technical Indicators Explained
Technical Analysis

Technical Indicators Explained

The four families of indicators, leading vs lagging, and how to use them without overload.

9 min readJune 3, 2026
The CCI Indicator
Technical Analysis

The CCI Indicator

How the CCI measures deviation from average — the ±100 levels, zero-line crosses, and using it sensibly.

8 min readJune 3, 2026
The Ichimoku Cloud
Technical Analysis

The Ichimoku Cloud

The five components, how the cloud shows trend and support/resistance, and its limits.

9 min readJune 3, 2026
The Stochastic Oscillator
Technical Analysis

The Stochastic Oscillator

How %K and %D work, overbought/oversold zones, divergence, and the trap in trends.

9 min readJune 3, 2026
The Stochastic RSI
Technical Analysis

The Stochastic RSI

How StochRSI applies the Stochastic to RSI for a faster oscillator — and why sensitivity cuts both ways.

8 min readJune 3, 2026
The SuperTrend Indicator
Technical Analysis

The SuperTrend Indicator

How the ATR-based SuperTrend line flips with the trend to give signals — great in trends, whipsawy in ranges.

8 min readJune 3, 2026
Three White Soldiers and Three Black Crows
Technical Analysis

Three White Soldiers and Three Black Crows

How three strong consecutive candles signal a sustained reversal — and the overextension risk.

8 min readJune 3, 2026
Trendlines and Channels
Technical Analysis

Trendlines and Channels

How to draw trendlines and channels, use them as dynamic support/resistance, and why they're subjective.

8 min readJune 3, 2026
VWAP Explained
Technical Analysis

VWAP Explained

How VWAP works as a volume-weighted fair-value benchmark — and why spot forex's lack of true volume is a caveat.

8 min readJune 3, 2026
Wedge Patterns
Technical Analysis

Wedge Patterns

Why a rising wedge is bearish and a falling wedge bullish — the opposite of their slope.

8 min readJune 3, 2026
Bollinger Bands Explained
Technical Analysis

Bollinger Bands Explained

How the volatility bands work, the squeeze, riding the band, and mean reversion.

8 min readJune 2, 2026
Confluence in Trading
Technical Analysis

Confluence in Trading

Combining aligned signals to stack the odds — the synthesis of the whole TA toolkit.

9 min readJune 2, 2026
Divergence in Trading
Technical Analysis

Divergence in Trading

When price and momentum disagree — regular vs hidden divergence, and why it can persist.

8 min readJune 2, 2026
The Doji Candlestick Explained
Technical Analysis

The Doji Candlestick Explained

The candle of indecision — its types, and how to read one in context.

8 min readJune 2, 2026
Donchian Channels
Technical Analysis

Donchian Channels

How Donchian channels plot the N-period high and low, their role in breakout/turtle trading, and their limits.

7 min readJune 2, 2026
Double Top and Double Bottom Patterns
Technical Analysis

Double Top and Double Bottom Patterns

The M and W reversals — two failed pushes at a level, confirmed on the neckline break.

7 min readJune 2, 2026
The Engulfing Candlestick Pattern
Technical Analysis

The Engulfing Candlestick Pattern

How a candle that swallows the last signals a decisive shift in control.

7 min readJune 2, 2026
Fibonacci Extensions Explained
Technical Analysis

Fibonacci Extensions Explained

Projecting price targets beyond 100% with the 127.2, 161.8 and 261.8 levels.

7 min readJune 2, 2026
A Fibonacci Trading Strategy
Technical Analysis

A Fibonacci Trading Strategy

Turning Fibonacci levels into a complete plan: trend, confluence, entry, stop and target.

8 min readJune 2, 2026
Flags and Pennants: Continuation Patterns
Technical Analysis

Flags and Pennants: Continuation Patterns

The brief consolidations after a sharp move that offer a second entry into a strong trend.

7 min readJune 2, 2026
The Hammer and Shooting Star Candlesticks
Technical Analysis

The Hammer and Shooting Star Candlesticks

Rejection candles and why the same shape flips meaning with context.

8 min readJune 2, 2026
The Head and Shoulders Pattern Explained
Technical Analysis

The Head and Shoulders Pattern Explained

The classic reversal pattern — the neckline, the measured target, and how to trade it.

7 min readJune 2, 2026
Heikin-Ashi Candlesticks
Technical Analysis

Heikin-Ashi Candlesticks

How the averaged Heikin-Ashi technique smooths trends — how to read it, and why its prices are synthetic.

8 min readJune 2, 2026
How to Draw Fibonacci Retracements
Technical Analysis

How to Draw Fibonacci Retracements

Choosing the right swing points and anchoring the tool correctly — plus the mistakes to avoid.

7 min readJune 2, 2026
Keltner Channels
Technical Analysis

Keltner Channels

How Keltner channels use an EMA and ATR bands, how they differ from Bollinger Bands, and how traders use them.

8 min readJune 2, 2026
Market Structure Explained
Technical Analysis

Market Structure Explained

Reading trend from the pattern of highs and lows — the foundation of price action.

9 min readJune 2, 2026
Marubozu and Spinning Tops
Technical Analysis

Marubozu and Spinning Tops

The full-bodied marubozu (conviction) and the small-bodied spinning top (indecision) — and how to read them.

7 min readJune 2, 2026
The Morning Star and Evening Star Patterns
Technical Analysis

The Morning Star and Evening Star Patterns

The three-candle reversals: a strong move, a pause, then a reversal.

8 min readJune 2, 2026
Moving Averages Explained
Technical Analysis

Moving Averages Explained

SMA vs EMA, choosing periods, and using moving averages for trend, support and crossovers.

8 min readJune 2, 2026
On-Balance Volume (OBV)
Technical Analysis

On-Balance Volume (OBV)

How OBV turns volume into buying/selling pressure — confirmation, divergence, and the forex tick-volume caveat.

8 min readJune 2, 2026
Piercing Line and Dark Cloud Cover
Technical Analysis

Piercing Line and Dark Cloud Cover

How a second candle reversing past the midpoint of the first signals a possible reversal.

8 min readJune 2, 2026
Price Gaps Explained
Technical Analysis

Price Gaps Explained

What a gap is, the four types, the gap-fill tendency, and why forex gaps are mostly weekend gaps.

8 min readJune 2, 2026
The Rectangle Chart Pattern
Technical Analysis

The Rectangle Chart Pattern

How price consolidates in a rectangle, why it's neutral until breakout, and how to trade it.

8 min readJune 2, 2026
Rounding Bottom and Top
Technical Analysis

Rounding Bottom and Top

How gradual, curved reversal patterns form, and why the slow rounding signals a shift.

8 min readJune 2, 2026
The ADX Indicator
Technical Analysis

The ADX Indicator

How ADX measures trend strength, the +DI/-DI lines, and using it to pick your strategy.

9 min readJune 2, 2026
The ATR Indicator
Technical Analysis

The ATR Indicator

How Average True Range measures volatility, and how to use it for stops and sizing.

9 min readJune 2, 2026
The Golden Ratio in Trading
Technical Analysis

The Golden Ratio in Trading

Where 0.618 and 1.618 come from, and an honest look at whether markets respect them.

7 min readJune 2, 2026
The MACD Indicator Explained
Technical Analysis

The MACD Indicator Explained

How the MACD line, signal line and histogram work, and reading its crossovers and divergence.

8 min readJune 2, 2026
The Momentum Indicator
Technical Analysis

The Momentum Indicator

How momentum (and Rate of Change) measures the speed of price change — the baseline, divergence, and the core idea.

8 min readJune 2, 2026
The Parabolic SAR
Technical Analysis

The Parabolic SAR

How the stop-and-reverse dots work as a trailing stop, and why they whipsaw in ranges.

9 min readJune 2, 2026
The RSI Indicator Explained
Technical Analysis

The RSI Indicator Explained

How the RSI measures momentum, what overbought/oversold really mean, and divergence.

8 min readJune 2, 2026
Triangle Patterns: Ascending, Descending and Symmetrical
Technical Analysis

Triangle Patterns: Ascending, Descending and Symmetrical

Ascending, descending and symmetrical triangles — what each signals and how to trade the break.

7 min readJune 2, 2026
Triple Top and Triple Bottom
Technical Analysis

Triple Top and Triple Bottom

How three failed tests of a level signal a reversal — and how they differ from doubles.

8 min readJune 2, 2026
Tweezer Tops and Bottoms
Technical Analysis

Tweezer Tops and Bottoms

How two candles with matching highs or lows signal a level tested twice and rejected.

8 min readJune 2, 2026
Volume in Forex
Technical Analysis

Volume in Forex

How volume confirms moves — and the crucial forex caveat that there's no true volume, only a tick-volume proxy.

9 min readJune 2, 2026
Williams %R
Technical Analysis

Williams %R

Larry Williams' oscillator on the 0 to -100 scale — reading overbought/oversold without fading trends.

8 min readJune 2, 2026