Traders use chart patterns to help determine which direction the price is going, and potentially how far it could go. Chart patterns like head and… ( Read More )
11.Chart Analyzing Tutorials: Round Bottoms
A rounded bottom or saucer bottom can be a continuation or a reversal pattern. It is a cup or bowl formation where there is selling… ( Read More )
10.Chart Analyzing Tutorials: Triple Tops And Bottoms
Triple tops and triple bottoms are reversal patterns. A triple top signals the price is no longer rallying, and that lower prices are on the… ( Read More )
9.Chart Analyzing Tutorials: Gaps
A gap is empty space between one price bar and the next. Gaps occur when the price significantly changes from the close of one price… ( Read More )
8.Chart Analyzing Tutorials: The Wedge
Wedges are a multiple price wave reversal pattern. Wedges form when the waves of an asset move within a narrowing range, angled either up or… ( Read More )
7.Chart Analyzing Tutorials: Flags And Pennants
Flags and pennants are continuation patterns. They are traded in the same way, but each has a slightly different shape. The terms flag and pennant… ( Read More )
6.Chart Analyzing Tutorials: Triangles
The triangle can be a continuation or a reversal pattern. Although, more often it is a continuation pattern. There are three types of triangles: symmetric,… ( Read More )
5.Chart Analyzing Tutorials: Double Top And Double Bottom
Double tops and bottoms are reversal patterns. A double top signals the price is no longer rallying, and that lower prices are potentially forthcoming. A… ( Read More )
4.Chart Analyzing Tutorials: Cup And Handle
The cup and handle is both a continuation and a reversal pattern. The reversal pattern marks the end of a downtrend, and shows the price… ( Read More )
3.Chart Analyzing Tutorials: Head And Shoulders
The head and shoulders (HS) is a reversal pattern signaling the prior trend is reversing, or has already reversed. The HS top alerts traders that… ( Read More )