Learn about chart patterns to enhance your understanding of market analysis and trading techniques.
Understanding Double Top and Double Bottom Patterns
What Is Ascending Channel and Descending Channel?
Ascending Triangle & Descending Triangle Chart Pattern Explained
What Are Wedge Patterns?
Getting to Know Flag Patterns
A double top is a bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.
An ascending channel occurs when analyzing an overall uptrend in the asset price. It is a series of price highs and lows contained between upward-sloping parallel lines.
An ascending triangle is a bullish continuation pattern, and it is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along th
A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the periods of time.
A flag is a short-term price pattern used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend.