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 ...
Are you looking to enhance your trading skills and maximize your profits in the stock or forex market? Understanding and effectively utilizing trading patterns can be a game-changer in your journey to ...
Today I want to build off of a previous article of mine, and elaborate on specific technical analysis patterns. The best technical analysis patterns will not only be relatively easy to spot, but also ...
Here are descriptions of a number of important reversal patterns which should help you detect them better as well as improving your trading results. Double Top and Bottom Patterns Double top patterns, ...
A double-bottom base is a chart pattern commonly used in technical analysis to identify a solid reward-to-risk zone in a stock. Double-bottom base structures take on a shape like a letter W and have ...
Only three columns are required to identify a double top or double bottom. These signals show only that the stock price has reached a higher high or lower low and that the momentum is likely to ...
The US dollar initially rally during the trading session on Wednesday, and quite frankly did not bother looking back against the Canadian dollar. We are in the midst of trying to form some type of ...