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 at the left of the pattern, but as time progresses the selling taper...
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 way. A triple bottom indicates the price is no longer falli...
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 double bottom indicates the price is no longer...
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 an uptrend is over and the price could head lower, whi...