🟢What is the Triple Top Pattern?
A triple top chart pattern is a bearish reversal chart pattern that is formed after an uptrend.
This pattern is formed with three peaks above a support level/neckline.
The first peak is formed after a strong uptrend and then retrace back to the neckline.
The formation of this pattern is completed when the prices move back to...
BULL FLAG
This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the of pole.
BEAR FLAG
This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole.
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In this video, We talk about other patterns like the Ascending channel, Descending Channel, and Divergence.
I hope this helps us in our journey
Cheers ♥🤟🏼💡
In this short tutorial, we will look at how to trade the Double Tops and Double Bottom
It's simple and straightforward. No need for too much markup and stress on the charts.
TIP: HAVE FAITH AND TAKE ACTIONS!!!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on GBPAUD, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your...
Waiting for a retest is necessary when we talk about patterns. As you can see in this scenario, the price tried to break the pattern, but it just created fake-outs. Waiting for a retest will save you many stop losses!
Hi friends! Probably all traders began their career by learning the trading patterns.
A trading pattern is a price movement pattern in a certain range. Generally there are 2 types of patterns: candlesticks (shooting star, hammer, bullish or bearish engulfing) and figures (triangles, channels, flags, head and shoulders, etc.). The number of them is constantly...
Hello everyone
Today we will talk about another method of analysis that will help you bring significant profits.
Let's go!
Introduction
H.M. Hartley in 1935 in the book "Profit on the stock market" for the first time revealed Hartley's patterns. Gatli patterns are used in technical analysis and are based on Fibonacci values. The patterns are reversal...
Hi Traders and Investors
This video is a follow up from my previous posting dealing with shifts of momentum.
This time we are looking to add an additional synergy - the second touch in a chart formation - which can be found in Double Tops, Double Bottoms and head shoulder formations. Correctly using the second touch on the chart formations has allowed me to...
When it comes to Elliot Wave Theory, we know of two different correction patterns .
On the left you can see the classic correction, which is less common in real market situations. On the other hand, the flat correction (right) occurs more frequently in the market, since modern price action is often characterized by fakeouts . In this case, a fakeout looks...
Hello everyone!
Today I want to share with you a very strong pattern that I use myself and that you can find on any chart.
When used correctly, this pattern is able to suggest the best entry point and possible reversal, which potentially promises you good profits.
Identification
The engulfing pattern looks like two candles, the first of which is small, and the...
Hello everyone
Today I want to share with you a figure of technical analysis called the TRIPLE TOP.
This figure occurs quite often and brings excellent profit.
What does it look like?
The figure looks like three maxima, approximately at the same level.
These peaks are formed because the buyers' forces are drying up and with each new peak, the bears are getting...
Hello everyone!
I want to tell you a little about such figures as Flag and Pennant.
These patterns are quite common on the chart, so every trader should know how to trade them.
What does the flag look like?
After a strong movement (flagpole), the price begins to correct in the form of a rectangle, which corrects against the previous trend (flag).
What does a...
There is probably no more famous figure than the HEAD AND SHOULDERS.
Head and shoulders - gives a very profitable signal about the market reversal.
Thanks to this figure, you will be able to open a position at the beginning of a new trend.
What does it look like?
The appearance of the Head and shoulders figure consists of five stages:
1. Uptrend;
2. Left...
Triangles are very often found on the chart, but not everyone knows how to trade them.
Today we will try to learn how to trade triangles correctly.
What does it look like?
The ascending and descending triangle have two sides: one side is flat and horizontal, the second is inclined and moves towards the first.
The ascending triangle has an upper flat horizontal...
Hey traders today I wanted to go over what I believe are the best Seasonal Futures and Forex trades during the year. There are many markets that have seasonal patterns. Such as Forex, Stocks, Futures, and Commodities. Knowing the best time to trade to look for these Seasonal Futures and Forex opportunities will help you in your trading. This series on Seasonal...
Strange as it may seem, but not only bulls and bears can be found on the market, but also a couple of cats and even a bat!
But don't be afraid, these animals have come to help you get rich in the new year.
Let's go!
The Bat pattern.
The bat is a 5-point pattern that can indicate a bullish or bearish breakout.
What does it look like?
The pattern consists of...
