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 LikeTime based statistical bias useful for trade planning and as a filtering method for trading systems.READ MOREIt has many names as it is discovered and rediscovered again and again by different people. When you see a move, say an up move, retracements are expected. If a retracement ...READ MOREOpen range for a timeframe is the range established during the initiation process in STOPD. It is a yardstick good for measuring the price behaviour dynamically. For example, for intraday ...READ MOREA theory describing the mechanism of price discovery under special conditions that leads to deterministic behaviour in price movements.READ MOREInverse Head and Shoulder is the upside down chart pattern of Head and Shoulder. Contrary to popular subjective usage or description, IHS should not have its right shoulder dropping below ...READ MOREClassic chart pattern pointing to potential moves to lower price level. Detail description of the pattern can be found here.READ MORETriple green is an old saying among many equity traders who trade equities in US stock markets. On old monitors, the instruments are displayed in green when they are ...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 MOREA terminal pattern for downtrend. Bearish version of this pattern is known as Wyckoff Up Thrust. Detailed explanation of W. Upthrust can be found in this articleREAD MOREDaytraders from the old days mostly are floor traders. They did not have access to charts, or pretty much nothing else. Having pre-calculated price levels derived from previous trading day, ...READ MORE
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