Ads
related to: top 10 chart patterns
Search results
Results From The WOW.Com Content Network
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
Pages in category "Chart patterns" The following 11 pages are in this category, out of 11 total. ... Triangle (chart pattern) Triple top and triple bottom; W.
The aspects of a candlestick pattern. A candlestick chart (also called Japanese candlestick chart or K-line [7]) is a style of financial chart used to describe price movements of a security, derivative, or currency. Stock price prediction based on K-line patterns is the essence of candlestick technical analysis.
After the double top has been confirmed and if prices are moving up again with low volume, it is an opportune point to sell. One can sell short with a stop (calculated loss) above the highest peak of the Double top. The next opportune point to sell would be after a Triple top has formed and a fourth top is being formed at the lower level.
A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and ...
Using charts, technical analysts seek to identify price patterns and market trends in financial markets and attempt to exploit those patterns. [10] Technicians using charts search for archetypal price chart patterns, such as the well-known head and shoulders [11] or double top/bottom reversal patterns, study technical indicators, moving ...