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Chart Pattern Review
Posted By: TradersLog
Head and Shoulders Pattern In technical analysis, a chart formation that resembles a human head and shoulders and is generally considered to be predictive of a price reversal.
Double Top Pattern A technical analysis term for a chart pattern displaying two prominent peaks, where price has risen to the same price level twice.
Double Bottom Pattern The Double Bottom is a reveral chart pattern that occurs when, during a downtrend, the market makes two lows at the same level.
Cup with Handle Pattern A bullish bar chart pattern that consists of a consolidation period followed by a breakout.
Flag Pattern A popular and reliable continuation chart pattern. The flag resembles a parallelogram, or rectangle that slopes against the prevailing trend.
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