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Gaps are reversal patterns. They occur when there is space between two trading periods caused by a significant increase or decrease in price. For example, a stock might close at $5.00 and open at ...
Candlestick charts are a ... directional sentiment. The pattern is confirmed by a bullish candle the next day. A hanging man pattern suggests an important potential reversal lower and is the ...
Technical analysts attempt to take the emotion out of investing by relying solely on the patterns found within charts to trade ... Top A double top is a bearish reversal pattern that describes ...
Patterns formed on the charts fall into two categories: Bullish Reversal Patterns and Bearish Reversal Patterns. For instance, a Hammer Candle Pattern is a bullish reversal pattern which tells us ...
Technical analysts attempt to take the emotion out of investing by solely relying on the patterns found within charts to trade ... A double bottom is a bullish reversal pattern that describes ...
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