Tag Archives | pattern

triple tops and bottoms forex basic patterns pattern

Triple tops and bottoms

Triple tops and bottoms are the version of the head and shoulders pattern, but it occurs much less frequently. Technical analysts often disagree on whether it is a head and shoulders pattern or it is the triple tops and bottoms pattern, which is actually irrelevant, because the effects of these two patterns are the same. […]

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double tops and bottoms pattern forex

Double tops and bottoms

When you see the formation of W or M pattern, pay attention, because it may represent a trend reversal. See here info about the pattern called double tops and bottoms. Pattern with double bottom A pattern with double bottom is a small peak, surrounded by two bottoms. Using a pattern of double bottoms Purchase opportunity […]

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symmetrical triangle forex breakthrough forexmt4ea graph

Symmetrical triangle

Symmetrical triangle occurs, when the price moves up and down and approaching to a common point. Movement will become increasingly smaller, until it reaches a critical value at which comes to breakthrough of sample lines, up or down. Symmetrical triangle is formed, when there is uncertainty about the cost among investors. When it comes to […]

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