As regular readers know, there is a wide variety of different price patterns that can form over short- or long-term time frames. They can be bullish or bearish, and they can signal either a continuation
We’ve talked about a lot of different technical chart patterns over the past few months. We’ve covered a variety of bullish and bearish patterns as well as continuation and reversal patterns. Learning to identify technical
Today, we’re going to talk about the “Symmetrical Triangle” pattern. Just like a regular channel, the symmetrical triangle is a consolidation pattern. The biggest difference between the two is that while a channel typically has
The market has been especially volatile since the release of the latest consumer price index (CPI) number last week. The S&P 500 and Nasdaq 100 both hit new 52-week lows last Thursday immediately after the
Today, we’re going to follow up on last week’s “triple bottom” discussion by talking about its bearish counterpart, the “triple top” pattern. Just like the triple bottom, the triple top is a trend reversal pattern.
Just like the “double bottom” pattern we’ve covered previously, the “triple bottom” is a trend reversal pattern. These patterns are similar in a lot of ways, but the big difference is that a triple bottom
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