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Some of the most common reversal chart patterns include: Double Tops and Bottoms; Head and Shoulders; Wedges; Reversal chart patterns can be either bearish or bullish. For example, a head and ...
Learning and recognizing patterns on price charts can help you make sense of wild crypto price fluctuations. Below are three common patterns to get you started. In technical analysis, chart ...
Want to learn more? Join IG Academy to access a free course on the basics of technical analysis.. How to trade using charts . To trade using charts, you can use the tools available on a wide variety ...
The chart on Apple’s stock seems to suggest that shares have reached a pivotal moment. The Apple Maven highlights two patterns and discusses what they could mean for investors and traders.
A triple bottom is a bullish chart pattern used in technical analysis that is characterized by three equal lows followed by a breakout above resistance.
One of the patterns traders may find on a stock price chart is a descending tops pattern. This trend indicates that the market for the security in question is turning bearish. Bear markets are ...
Former leader Research In Motion provided a good example of a wide and loose base with the late-stage pattern it formed in late 2007 to early 2008. This deep base featured several weekly price ...
Bottom line, follow the patterns of charts to key in on areas of interest, as these patterns are indicative of human behavior, fear and greed. Human Behavior Creates Predictable Chart Patterns.
Bitcoin may correct to $96,000 based on “diamond pattern” Bitcoin's price may be poised to a correction below $96,000, according to the “diamond” technical chart pattern, which indicates a ...