What is the “Double Bottom” Price Pattern?

The Double Bottom pattern, and how to use it The double bottom is a bullish chart pattern that is formed by two consecutive troughs at approximately the same price level, separated by a peak. This pattern is created when the …

Read more

What is the “Descending Triangle” Price Pattern?

The Descending Triangle pattern, and how to use it The descending triangle is a bearish chart pattern that is formed by a horizontal support level and a downward sloping resistance level. This pattern is created when the price of an …

Read more

What is the “Cup And Handle” Price Pattern?

The Cup And Handle pattern, and how to use it The cup and handle is a chart pattern that is formed by a “cup” shaped pattern and a subsequent “handle” that looks like a small flag or triangle. This pattern …

Read more

What is the “Bullish Triangle” Price Pattern?

The Bullish Triangle pattern, and how to use it The bullish triangle is a chart pattern that is formed by a horizontal support level and an upward sloping resistance level. This pattern is created when the price of an asset …

Read more

What is the “Bullish Pennant” Price Pattern?

The Bullish Pennant pattern, and how to use it The bullish pennant is a chart pattern that is formed by an upward sloping resistance level and a converging support level. This pattern is created when the price of an asset …

Read more

What is the “Bullish Flag” Price Pattern?

The Bullish Flag pattern, and how to use it The bullish flag is a chart pattern that is formed by an upward sloping resistance level and a horizontal support level. This pattern is created when the price of an asset …

Read more

What is the “Bearish Triangle” Price Pattern?

The Bearish Triangle pattern, and how to use it The bearish triangle is a chart pattern that is formed by a horizontal resistance level and a downward sloping support level. This pattern is created when the price of an asset …

Read more

What is the “Bearish Pennant” Price Pattern?

The Bearish Pennant pattern, and how to use it The bearish pennant is a chart pattern that is formed by a downward sloping resistance level and a converging support level. This pattern is created when the price of an asset …

Read more

What is the “Bearish Flag” Price Pattern?

The Bearish Flag pattern, and how to use it The bearish flag is a chart pattern that is formed by a downward sloping resistance level and a horizontal support level. This pattern is created when the price of an asset …

Read more

What is the “Ascending Triangle” Price Pattern?

The Ascending Triangle pattern, and how to use it The ascending triangle is a bullish chart pattern that is formed by a horizontal resistance level and an upward sloping support level. This pattern is created when the price of an …

Read more