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Price Patterns

  • Double Top

    This price pattern is also known as formation “M “due to its shape. It is made up of two tops where the second top should not be higher than the first one.

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  • Double Bottom

    This price pattern is also known as formation “W “due to its shape. It is made up of two bottoms where the second bottom should not be lower than the first one.

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  • Triangle

    Triangles are price patterns, that portray short market corrections. The breaking of the triangle is a signal to trend continuation.

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  • Rectangle

    Rectangles, just like triangles are patterns which portray corrective movements on the markets. The only difference between them is the shape.

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  • The Flag

    The flag, just as the rectangle and triangle price patterns, is a continuation price pattern. On the other hand what differentiates it from the previously mentioned is the fact that it portrays a deeper corrective movement on the market and is decisively more stressing for investors.

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