trend reversal patterns let's see Triple Top And Triple Bottom

 tags:- Trend Reversal Patterns,Triple Top And Triple Bottom,the triple bottom,Rounded Top , Bottom Formations,Diamond Formation Do you like to read about Double Top  and Double Bottom patterns click here  and for Head-And-Shoulders pattern click here Triple Top And Triple Bottom The triple top is a hybrid of the head-and-shoulders and double-top trend reversal formations. (See Figure 5.19.) Conversely, the triple bottom is a...

trend reversal patterns let's see Double Top and Double Bottom patterns

tags:-Trend Reversal Patterns, Double Top,Double Top Formation,Double Bottom  Do you like to read about Head-And-Shoulders pattern click here and for Triple Top And Triple Bottom patterns click here Double Top Another very reliable and common trend reversal chart formation is the double top. As the name clearly and succinctly describes, this pattern consists of two tops (peaks) of approximately equal heights. (See Figure 5.17.). A parallel...

Trend Reversal Patterns let's see Head-And-Shoulders pattern

 tags:-Trend Reversal Patterns,Head-And-Shoulders,Inverse Head-And-Shoulders Chart formations are generally sorted on the basis of their significance to the current trend of the underlying currency. Formations signaling the end of the trend are known as reversal patterns. Conversely, chart formations that confirm that the underlying currency trend is intact are called continuation patterns. The most significant trend reversal patterns are:1....

Trends, Support and Resistance in forex

tags: Lines of Support and Resistance,The Trendline,Percentage Retracement,Kinds Of TrendsPWRJFGGHYJPY Kinds Of Trends The trend shows a pending direction of the market movement. A trend may be:1. Upward (See Figure 5.7.) 2. Downward (See Figure 5.8.) 3. Sideways, also known as a "flat market" or "trendless" (See Figure 5.9.)Because the markets do not move in a straight line in any direction, but rather in zigzags, it is the direction of these peaks...