Category: Chart Patterns

Wedge Pattern

WEDGE PATTERN a temporary stop of the primary trend Characteristics: 1. It is a contracting range in prices; 2. This is coupled with an upward trend in prices (the rising wedge) or 3. It...

Double Top Pattern

DOUBLE TOP PATTERN buyers and sellers taking turns Characteristics: 1. A financial instrument runs up to a particular level; 2. It then drops back from that level; then 3. Makes a second run at...