DB (Double Bottom)
By LawrenceClassic chart pattern pointing to potential moves to higher price level. Its bearish version is called double top. Detail description of Double Top can be found here.
Trading Edges That Last
By LawrenceOnline Series
- You May Also LikeA clear directional change is happening and initial impulse move has already started. Yet, the market pulled back magically and stuck there for a while before the market can continue ...READ MOREOption expiration (Op Ex) week is known to cause more intraday volatility in the stock market indices. See its Survival Guide for more information.READ MOREFederal Open Market Committee (FOMC) of the Federal Reserve in United States holds regular meetings on its interest rate and other monetary policy decisions. The post-meeting announcements are widely monitored ...READ MOREA Wedge in chart often points to weaknesses in current expansion direction. It is a common reversal setup. A Falling Wedge is a chart formation with lower high and ...READ MOREMany people use simple moving averages as a way to tell the direction of the markets they trade. More interestingly, however, are bots built around these moving averages that can ...READ MOREVarious kind of moving averages. Just a generic term to refer to the use of MA.READ MOREClassic chart pattern pointing to potential moves to lower price level. Detail description of the pattern can be found here.READ MOREConsolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the ...READ MOREThe price where a significant move started. e.g. the resistance before break out to the upside or the support before break out to the downsideREAD MORE
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