Rounding Top Chart Pattern
Identification: A rounding top is a chart pattern used in technical analysis identified by price movements that forms the shape of an upside-down "U". Occurrence: It is identified by daily…
Double Top Chart Pattern
Identification: A double top pattern is a classic technical analysis chart formation representing a major change in trend and a momentum reversal from a prior up move in market trading.…
Double Bottom Chart Pattern
Identification: A double bottom pattern is a classic technical analysis chart formation representing a major change in trend and a momentum reversal from a prior down move in market trading.…
Wedge Chart Pattern
Identification: A wedge is a price pattern formed by two converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows…
Flag Chart Pattern
Identification: A flag pattern can be identified by looking for a price patter that, in a shorter time frame, moves opposite to the existing price trend observed during a longer…
Pennant Chart Pattern
Identification: A pennant is a continuation pattern which is formed when initially there is a large movement in a security, known as the flagpole, which is then followed by a consolidation…