Encyclopedia
Support, Resistance, and Basic Patterns
Imported Al Brooks course pages for Support, Resistance, and Basic Patterns.
Lessons
Study sequence
- Study notes
- 34/34
- Queued
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- Slides
- 611
- Study note 28 slides
19A - Support and Resistance
- What is support and resistance (S/R)?
- S/R, not news, controls price
- Monthly charts need monthly stops
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- Study note 18 slides
19E - Support and Resistance
- Highest and lowest close
- Bulls need HL, bears need LH
- 50% Pullback
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- Study note 24 slides
21A - Reversals
- What is a reversal
- Minor and Major Trend Reversals
- Reversals can begin with breakouts
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- Study note 21 slides
21C - Reversals
- Beginners love reversals
- Buying and Selling Pressure
- Nested pattern
- Study note 23 slides
21D - Reversals
- 40% winner
- Ten Bars, Two Legs (TBTL)
- Most reversals are Double Top or Bottom
- Study note 20 slides
22A - Major Trend Reversals
- What are major and minor reversals?
- MTR is most important reversal pattern
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- Study note 13 slides
22C - Major Trend Reversals
- MAG (Moving Average Gap bar)
- Most tops are Double Tops
- Study note 24 slides
22D - Major Trend Reversals
- MTR bottoms
- Head and shoulders reversals
- Failed MTR
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- Study note 20 slides
24C - Wedges
- Bad Wedges are not reversal setups
- Reversal begins before old trend ends
- Earlier entry on smaller time frame
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- Study note 21 slides
25A - Double Tops and Bottoms
- What is a Double Top or Bottom?
- Why Double Tops and Bottoms work
- Double Top and Bottom Flags
- Study note 15 slides
25B - Double Tops and Bottoms
- Double Tops and Bottoms as tests
- Failed Double Tops and Bottoms
- Measured Moves
- Study note 20 slides
26A - Triangles
- What is a Triangle?
- Triangles as Flags and Reversals
- Wedges as Tilted Triangles
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- Study note 17 slides
27A - Head and Shoulders
- Head and Shoulders as Major Reversals
- Necklines and Entry Timing
- Small vs Tradable Reversals
- Study note 12 slides
27B - Head and Shoulders
- Markets Resist Change
- Failed Neckline Breakouts
- Stops and Breakout Probability
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