Triangle Chart Pattern

Triangle Chart Patterns: What they are, How they work, Different Types

Triangle chart patterns are formed when the price of a security moves into a narrower and narrower range over time. This narrowing range is a visual representation of a battle between bulls and bears in the market. The triangular shape is created by drawing two trendlines – an upper trendline connecting the highs and a lower trendline connecting the lows.

Pennant Chart Pattern jpeg

Understanding the Pennant Pattern in Forex Trading.

A pennant pattern is a continuation chart pattern that appears after a significant price move in the forex market. It is characterized by a sharp upward or downward movement, a brief consolidation period, and a resumption of the original trend.

Flag Pattern

Understanding Flag Patterns in Technical Analysis

Flag patterns are characterized by a period of consolidation that occurs after a strong trending move, known as the mast or pole of the flag. During this consolidation phase, the asset’s price is contained within two parallel trendlines closely sloped against the mast.

Diamond Chart Patterns

Diamond Chart Patterns Strategy

Diamond chart patterns are technical analysis patterns that indicate potential trend reversals in the financial markets. These patterns form on price charts and resemble the shape of a diamond.

Rounding Tops and Bottoms Pattern jpeg

Rounding Tops and Bottoms Pattern Strategy in Technical Analysis.

Rounding tops and bottoms are chart patterns that signify potential reversals in the price trend. A rounding bottom, also known as a saucer or a ‘U’ formation, appears as a gradual increase in price over time, indicating the end of a downtrend and the potential start of an uptrend.

Deliberation Candlestick Pattern

Deliberation Pattern Strategy

The Deliberation pattern is a three-line bearish reversal candlestick formation. It is formed by three green candles, each with specific criteria. The first and second candles of the pattern have long bodies, indicating significant upward momentum.

Downside Gap Three Methods Pattern

The Downside Gap Three Methods Pattern Strategy

The Downside Gap Three Methods pattern starts with a long black candle, representing a decrease in price during a downtrend. The second candle also decreases in price and opens below the low of the previous candle, creating a noticeable gap between the two.

Upside Gap Two Crows Pattern

What is the Upside Gap Two Crows Pattern?

The Upside Gap Two Crows pattern consists of three candlesticks and is typically observed in an uptrend. It indicates a potential shift from bullish to bearish market sentiment. This pattern is relatively rare but carries significant implications for traders.