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Tag Chart Patterns

Triangle Chart Pattern

A triangle is a technical chart pattern created by drawing trend lines along a converging price range. Variations of a triangle include ascending, descending and symmetrical triangles. Triangles are similar to wedges and pennants and can be powerful continuation or reversal patterns. Ascending Triangle Ascending Triangle Pattern, characterized by horizontal top and rising bottom. This

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Reversal Chart Patterns

Reversal Chart Patterns : any pattern on a chart that indicates a previous trend is changing to a new trend. Double top A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed

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