Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...
Diane Costagliola is a researcher, librarian, instructor, and writer who has published articles on personal finance, home buying, and foreclosure. Investopedia / Laura Porter A double top is an ...
Today I want to build off of a previous article of mine, and elaborate on specific technical analysis patterns. The best technical analysis patterns will not only be relatively easy to spot, but also ...
It is often said that chart analysis is both an art and a science. One component of technical analysis includes the study of patterns, which is simply identifying the formations that markets etch on ...
Michael Carr is editor of the CMT Association's newsletter, Technically Speaking. He holds CMT Level II Investment Analyst and CRPC certification. Somer G. Anderson is CPA, doctor of accounting, and ...
Here are descriptions of a number of important reversal patterns which should help you detect them better as well as improving your trading results. Double Top and Bottom Patterns Double top patterns, ...
Technical analysis is a valuable tool sophisticated investors use to research, analyze and evaluate stocks and other securities. Technical analysis is very different from fundamental analysis.
Only three columns are required to identify a double top or double bottom. These signals show only that the stock price has reached a higher high or lower low and that the momentum is likely to ...