REVERSAL CHARTS PATTERNS

[Eaglesteam]

Reversal patterns are those chart formations that signal that the ongoing trend is about to change course.



If a reversal chart pattern forms during an uptrend, it hints that the trend will reverse and that the price will head down soon.


Conversely, if a reversal chart pattern is seen during a downtrend, it suggests that the price will move up later on.

In this lesson, we covered six chart patterns that give reversal signals. Can you name all six of them?

1. Double Top
2. Double Bottom
3. Head and Shoulders
4. Inverse Head and Shoulders
5. Rising Wedge
6. Falling Wedge

If you got all six right, brownie points for you!

 

[gabb]

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[Deleted member 76737]

his is the retail partten that make retailers loose alot of money.