facebook Technical Analysis Archives - Page 2 of 10 - Online Commodity trading
RECTANGLE PATTERN

RECTANGLE PATTERN

If two horizontal lines surround a retracement, it is a Rectangle chart pattern. Both the bullish and bearish Rectangle patterns looks the same. However, they appear in different trend context. A Rectangle chart pattern indicates sideways action. When the market...
DOUBLE TOP / DOUBLE BOTTOM

DOUBLE TOP / DOUBLE BOTTOM

DOUBLE TOP / BOTTOM PATTERN The flag stock chart pattern forms through a rectangle.  Because the rectangle develops from two trendlines which is form the support and resistance until the price breaks out. The flag will have sloping trendlines, and the slope should...
Flag Continuation Pattern

Flag Continuation Pattern

The flag stock chart pattern forms through a rectangle. The rectangle develops from two trend lines which form the support and resistance until the price breaks out. The flag will have sloping trendlines, and the slope should move in the opposite direction to the...
Rounding Bottom Patterm

Rounding Bottom Patterm

Round bottom pattern is sometimes also called a “saucer bottom”. A long-term reversal showing that the stock is moving from a downward trend towards an upward trend. Round bottom pattern is very similar to the cup and handle. But in this case, there is no handle to...
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