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Pattern Cycles: Mastering Short-Term Trading Through Technical Analysis with Alan Farley email - Price marks territory as it spikes relative highs and lows within all time frames. Skilled traders observe this signature behavior throughout all markets and all historical charting. Relative direction also characterizes price movement. A series of lower lows and lower highs identify downtrends while uptrends print a sequence of higher highs and higher lows. As bulls and bears fight for control, Pattern Cycles are born. Since markets won t travel upward to infinity or downward below zero, identifiable swing trades appear within each time frame. Driven by emotional behavior, trend inhales and exhales. Falling price ignites fear as paper profits evaporate.
Pattern Cycles: Mastering Short-Term Trading Through Technical Analysis with Alan Farley email - trade@hardrightedge.com Price marks territory as it spikes relative highs and lows within all time frames.
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