The cup with handle pattern foreshadows an upward price continuation following market hesitation, and a test toward a possible downward move.
Dark cloud cover is a Japanese candlestick charting pattern that aids technical traders in identifying the exhaustion of bullish price action.
A doji is a candlestick with a closing price very near to its opening price. It is unique to other candlesticks because its body is very small or nonexistent.
The morning star chart pattern is a convenient way to spot an upward reversal and a subsequent bullish trend without a complex set of technical indicators.
The hammer is an easily identifiable candlestick charting formation that often foreshadows a bullish reversal and can be useful in tracking short-term price action.
Pipe bottoms and pipe tops provide the trader an indication that a prevailing trend may continue or may be coming to end.
Among visual indicators, the double top and double bottom are considered amongst the most convenient and reliable for trying to predict a turnaround in price tendencies.
The easily identifiable double-top and head-and-shoulders chart formations are well known patterns for trying to predict trend reversals. Another reversal pattern that shows similar [...]
The rectangle pattern is a common and easily identifiable formation on charts when prices momentarily move into range-bound behavior.
The channel is a simple and effective technical analysis tool for charting and trading on a price trend. Channels can be used to identify a trend and the possible points of a reversal or a price [...]
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