Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...
Diane Costagliola is a researcher, librarian, instructor, and writer who has published articles on personal finance, home buying, and foreclosure. Investopedia / Laura Porter A double top is an ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
Bitcoin's (BTC) recovery looks to have run out of steam with an emergence of a double top bearish reversal pattern on the short duration price charts. BTC peaked near $87,400 last week, with prices ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Hindustan Zinc, after experiencing a prolonged uptrend in recent trading sessions, has formed a double top pattern in the ...