📊 Descending Triangle
A descending triangle is a bearish chart pattern understood as a continuation pattern in a downtrend, but it can also act as a reversal signal in an uptrend.
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A descending triangle is a bearish chart pattern understood as a continuation pattern in a downtrend, but it can also act as a reversal signal in an uptrend.
An ascending triangle is a bullish pattern indicating the potential continuation of an uptrend or a reversal of a downtrend.
A triple bottom is a bullish chart pattern that signals a potential reversal from a downtrend to an uptrend.
A triple top is a bearish chart pattern used in technical analysis to indicate a potential reversal of an existing uptrend.
A double bottom is a chart pattern used in technical analysis that signals a potential reversal from a downtrend to an uptrend.
A double top signals a potential reversal from an uptrend to a downtrend.
A bearish rectangle is a continuation that typically forms during a downtrend in the market.
A bullish rectangle typically forms during an uptrend in a market and signals the continuation of the trend.
The "bearish pennant" signals a continuation of a prevailing downtrend.
The "bullish pennant" pattern is a favorite among traders for signaling a continuation of an existing uptrend.
The "bearish flag" pattern is a common chart formation to signal the continuation of an existing downtrend.
The "bullish flag" pattern is a popular chart formation used by traders to signal a continuation of an existing uptrend.
The inverted cup and handle is a bearish chart pattern that suggests a potential continuation of a downtrend.
Inverted head and shoulders is a bullish chart formation that often signals a potential reversal of a downtrend.
Head and Shoulders is a reliable indicator that can signal a reversal in the market.