MicroStrategy’s stock chart produces a textbook “key reversal” pattern on record volume — a worrisome sign for bulls.
A rising wedge is a bearish pattern formed on a chart by two upward converging trend lines. Technical analysis chart patterns ...
The candlestick pattern is a widely used technical indicators among analysts and traders to predict the price movements in a security. A candlestick chart pattern conveys the four main price ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart ...
The head and shoulders chart is one of the most easily recognized chart patterns and may suggest a reversal in a price trend is occurring, either upward or downward. That is, the reversal of a ...
With the market currently in a fifth wave, I'm confident the market is near a reversal, since fifth waves are ending waves. Before I move to a closer chart, with last Tuesday's low in place ...
Through these patterns, the traders can comprehend the shifts in the price of a particular company’s stock. These candlestick charts also identify trend reversal patterns like counterattack lines.
Patterns formed on the charts fall into two categories: Bullish Reversal Patterns and Bearish Reversal Patterns. For instance, a Hammer Candle Pattern is a bullish reversal pattern which tells us ...