Formation of the Pattern The Head and Shoulders Top is a common chart pattern in technical analysis. It belongs to the trend – reversal patterns and often appears near the end of an uptrend, ind...
Formation of the Pattern The bearish flag pattern is a technical analysis formation that indicates a potential continuation of a downtrend in the financial markets. It is formed by two main compo...
Formation of the Pattern The M-head, also known as the double top, is a common technical analysis pattern. The M-head refers to a situation where during the upward movement of the stock price, it rise...
1.Formation of the Pattern It usually appears as two approximately equal low points on a price chart, connected by a relatively higher rebound high point in the middle. Overall, it resembles the lette...
