Archive for the ‘Classic Chart Patterns’ Category

Successful Trading Chart Patterns – Part 6 of 7

A bear flag in a downtrend is usually bearish. Bear flag patterns have two important elements – 1. a near-vertical, short-term price decrease with high volume, and 2. a lower volume consolidation of profit-taking as the market takes a breather

 Mail this post

Successful Trading Chart Patterns – Part 5 of 7

Symmetrical triangles, a pattern with two lower highs and two higher lows, represent a steadily-increasing equilibrium among traders. Once this equilibrium reaches its tipping point, bulls, in the case above, have to abandon their stance on price as volume ……………

 Mail this post

Powered by WordPress | Shop Free Phones at Bestincellphones.com. | Find the best CD Rates, Checking and Fat Burning Furnace Review