Archive for April, 2010

General Characteristics Of Chart Patterns

Price Volume Relationship

1. If Price is rising and volume is rising that confirms an uptrend.

2. If Price is decreasing and volume is rising that confirms……………..

3. If price is rising and volume is declining that indicates a weak uptrend or an uptrend in……………….

Double Top Day Chart Pattern

An intraday Double Top chart pattern will form frequently in an uptrend is considered a reversal pattern, and once recognized, becomes a pattern that can be traded…………

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