PRICE PATTERNS

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• PRICE PATTERNS

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TOW TYPES OF PRICE PATTERNS
REVERSAL PATTERNS CONTINUATION PATTERNS
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• MAJOR REVERSAL PATTERNS

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Head-and-Shoulders Tops
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(No Transcript)
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(No Transcript)
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A head-and-shoulders, Example
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A head-and-shoulders, Example
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A head-and-shoulders, Example
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A head-and-shoulders, Example
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A head-and-shoulders, Example
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Head-and-Shoulders Bottoms
OR
The Inverse Head-and-Shoulders
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(No Transcript)
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(No Transcript)
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A head-and-shoulders bottom, Example
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A head-and-shoulders bottom, Example
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A head-and-shoulders bottom, Example
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DOUBLE TOPS AND BOTTOMS
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Double Tops
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(No Transcript)
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(No Transcript)
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Double Tops, Example
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Double Tops, Example
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Double Tops, Example
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Double Tops, Example
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Double Bottoms
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(No Transcript)
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Double Bottom, Example
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Double Bottom, Example
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Double Bottom, Example
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Triple Tops and Bottoms
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Triple Tops
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(No Transcript)
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Triple Top, Example
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Triple Top, Example
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Triple Top, Example
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Triple Bottoms
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(No Transcript)
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A triple bottom with three widely spaced,
distinct troughs. A broadening top appears in
mid-November.
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Triple Bottom, Example
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• MAJOR CONTINUATION PATTERNS

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TRIANGLES

• Ascending Triangle
• Descending Triangle
• Symmetrical Triangle

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Ascending Triangle
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(No Transcript)
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Ascending Triangle Example
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Ascending Triangle Example
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Ascending Triangle Example
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Ascending Triangle Example
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Ascending Triangle Example
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Descending Triangle
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(No Transcript)
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(No Transcript)
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(No Transcript)
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(No Transcript)
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Symmetrical Triangle

• Symmetrical Triangle Tops
• Symmetrical Triangle Bottoms

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(No Transcript)
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Symmetrical Triangle Example
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Symmetrical Triangle Example
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Symmetrical Triangle Example
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Flags and Pennants
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This flag appears about midway in a downtrend.
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(No Transcript)
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A short pennant forms after a quick price rise.
The pennant slopesdownward and prices move
upward after leaving the formation.
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(No Transcript)
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(No Transcript)
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• THE RECTINGLE FORMATION

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A Bullish Rectangle
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A Bearish Rectangle
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(No Transcript)
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• Indicator Analysis

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Moving Averages
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Moving Averages
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MACD
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MACD
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Momentum
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RSI
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RSI
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Stochastic (KD)
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Stochastic (KD)