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Understand the bump-and-run top reversal, correct the direction of the run, and learn why the original trendline and chart scale matter.
Identify descending-triangle support and lower highs, examine a hypothetical measured move and understand failed breakdowns and short-selling risk.
Understand a double-bottom candidate, the intervening resistance level, a synthetic target calculation and why two lows do not guarantee a reversal.
Understand the cup and handle as separate structures, examine an invented height projection and recognize incomplete patterns and failed breakouts.
Read a double-top candidate, identify the intervening support level and examine a hypothetical target calculation, failed breakdowns and short-sale risks.
In the realm of financial markets, it is not uncommon for erratic returns to elicit concern among investors. The intricate nature of such…
Distinguish flags from pennants, read bullish and bearish candidates and work through a synthetic flagpole projection with clear limitations.
Read falling-wedge geometry, distinguish it from a descending triangle or channel, and understand why a narrowing decline does not guarantee a reversal.
Recognize a pennant after a sharp move, distinguish it from a flag or triangle, and examine an invented projection without assuming a reliable…
Recognize an ascending triangle, distinguish it from a wedge, and understand breakout rules, failed setups and the limits of measured-move targets.
Explore original chart-pattern diagrams, clear definitions, worked examples and research checklists for triangles, wedges, reversals, flags and pennants.
The Relative Strength Index (RSI) is a valuable tool for assessing the momentum of price movements in trading. It operates on a scale…