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Triangle Chart Patterns(3)

Triangle Chart Patterns(3)

Descending Triangle A Descending Triangle is formed by lower swing highs, and swing lows that reach similar price levels. When the price moves at the end of the this pattern, it will breakout and fall down with high probability. ...

The Head and Shoulder Bottom Pattern

The Head and Shoulder Bottom Pattern

The Head and Shoulder Bottom Pattern occurs during a downtrend and marks its end. This chart pattern shows three lows, with two retracements in between. How to Trade This Patt...

Double Top Pattern

Double Top Pattern

A Double Top Pattern occurs in uptrend when the price reaches a high point, retraces, rallies back to a similar high point, and then declines again. The low point of the retracement between the two peaks is marked with neckline. This l...