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Flag Bearish Chart Pattern

This is the 32th Day course in a series of 60-Days called “Technical Analysis Training

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

 

Technical-Analysis-Training

Flag Bullish Chart Pattern

Implication

A Flag (Bearish) is considered a bearish signal, showing that the existing downtrend may continue.

Description

A Flag (Bearish) uses a high, or almost vertical decline in price, and is made up of two synchronous trendlines which kind a rectangular flag structure. The Flag can be horizontal (as though the breeze is blowing it), then again it usually has a minor upward trend.

The vertical downtrend, that precedes a Flag, might take place because of buyers’ side effects to a negative company statement, like as a court case, or a abrupt and unannounced deviation of a CEO. The acute cost decrease is occasionally introduced to as the “flagpole” or “mast”.

bear.flag_.png

The rectangular flag shape is the system of what technical analysts recommend to as combination. Combination happens whenever the price appears to bounce amongst an upper and lower price limitation. The Flag (Bearish) pattern constitution displays the effect of sellers that are prepared to sell at a lower cost, and the increase of buyers who unintentionally drive up the price as they contend to buy at the ideal possible price.

A bearish signal occurs when the price rebounds beyond the lower trendline of the Flag formation, and continues the original downward price movement. This is considered a pattern confirmation.

When speaking about Flags, technical analysts may use jargon and refer to the flag as “flying at half-mast”. Visually, this reference is nothing like a flag at half-mast, such as on a day of national mourning. Instead, this term refers to the location of the flag – at the mid-point of what would otherwise be a continuous downtrend.

Important Characteristics

Following are important characteristics for this pattern.

Trend lines

Flags are too much the same to Pennants. Still, with a Flag, the price trend lines tend to run synchronous, while with a Pennant, the price trend lines tend to border on. John J. Murphy reports that a price fall below the lower trend line may suggest the resumption of the downtrend.

Volume

As the Flag produces, the volume tends to reduce. Still, you will usually observe a acute surge in volume at the end of a Flag, whether it is bearish or bullish.

Duration of the Pattern

Martin Pring records in his book, Technical Analysis described that “Flags can form in a stage as short as 5 days or as longs as 3 to 5 weeks.” John J. Murphy determines that Flags “often previous no longer than one or two weeks.”

Trading Considerations

Possibility of Price Reversal

In some rare situations, the price will break towards the authentic price motion, and produce a reversal trend. The pattern reversal might be signaled during the Flag constitution by a pattern of growing volume, as compared to the additional typical decrease.

Duration of the Pattern

The duration of the pattern is based on the level of the price changes (integration). The better the variations, the longer a pattern will consume to formulate.

Target Price

It is commonly held that the length of the flagpole indicates the potential price decrease. When the Flag completes, the price typically jumps to replicate the height of the original flagpole, while continuing in the direction of the inbound trend.

Criteria that Supports

Volume

Volume must reduce significantly as the pattern forms.

A powerful volume surge on the day of the pattern verification is a powerful signal in support of the possible for this pattern. The volume spike should be importantly preceding the average of the volume for the period of the pattern. In inclusion, the volume over the course of the pattern should be declining on average.

Criteria that Refutes

Duration of the Pattern

Corresponding to Martin Pring, a pattern that surpasses “4 weeks to create should … be managed with careful attention”. After 4 weeks, desire in the stock is probably to reduction to point that it is unexpected to proceed in a powerful downtrend.

No Volume Spike on Breakout

The absence of a volume spike on the day of the pattern ratification is an denotation that this pattern may not be dependable. In inclusion, if the volume has continued frequent, or was improving, over the period of the pattern, therefore this pattern should be regarded less dependable and may in fact reverse.

Long Inbound Trend

Shabacker writes that, “whenever a mast is extended … and it’s Flag fairly small, we should obviously hope the motion to be quite well fatigued when its suggested goal is achieved.” He recommends that when you notice this creation, and a price extension will take place, it is ideal to use the flagpole as a “yard-stick” to show the level at what to “accept profits, move aside, and watch for further chart improvements.”

Underlying Behavior

This pattern is efficiently a intermission in a downtrend. The price has received ahead of itself with a high increase; so market exercise takes a break prior to proceeding the downtrend. This pause is mirrored in the lowering trading volume. Just as, a spike in volume markings the resumption of the downtrend.

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your Technical Analysis Training.

Technical Analysis Training (60 Days – Comprehensive Course)

Short-Term Chart Patterns (15 -Days)

Short-Term Chart Patterns: (7Days)

Gap Down Chart Pattern

Gap Up Chart Pattern

Gravestone Short-term Chart Pattern

Hammer Candle Stick Chart Pattern

Hanging Man Short-term Stock Chart Pattern

Inverted Hammer Stock Chart Pattern

Shooting Star Candle Stick Pattern

Bearish Short-Term Chart Patterns: (2Days)

Engulfing Line (Outside Bearish Reversal) Chart Pattern

Island Top Chart Pattern

Bullish Short-Term Chart Patterns: (6Days)

Engulfing Line (Bullish) Chart Pattern

Exhaustion Bar Chart Pattern (Bullish)

Inside Bar Chart Pattern

Island Bottom Chart Pattern

Key Reversal Bar (Bullish) Chart Pattern

Two Bar Reversal (Bullish) Chart Pattern

Indicators & Oscillators (Total – 11Days)

Bullish or Bearish Indicators: (3Days)

• Double Moving Average Crossover
• Price Crosses Moving Average
• Triple Moving Average Crossover

 

Bullish or Bearish Oscillators: (9Days)

 

• Bollinger Bands Oscillator
• Commodity Channel Index (CCI)
• Fast Stochastic Oscillator
• Know Sure Thing (KST) Oscillator
• Momentum Oscillator
• Moving Average Convergence/Divergence (MACD) Oscillator
• Relative Strength Index (RSI)
• Slow Stochastic Oscillator
• Williams %R Oscillator

Classic Chart Patterns (Total -29Days)

Bearish Classic Chart Patterns: (14Days)

 

• Continuation Diamond (Bearish) Chart Pattern
• Continuation Wedge (Bearish)
• Descending Continuation Triangle Chart Pattern
• Diamond Top Chart Pattern
• Double Top Chart Pattern
• Downside Break Chart Pattern – Rectangle
• Flag Bearish Chart Pattern
• Head and Shoulders Top Chart Pattern
• Megaphone Top Chart Pattern
• Pennant Bearish Chart Pattern
• Rounded Top Chart Pattern
• Symmetrical Continuation Triangle (Bearish)
• Top Triangle/Wedge Chart Pattern
• Triple Top Chart Pattern

Bullish Classic Chart Patterns: (15Days)

• Ascending Continuation Triangle Chart Pattern
• Bottom Triangle Or Wedge Chart Pattern
• Continuation Diamond (Bullish) Chart Pattern
• Continuation Wedge Chart Pattern (Bullish)
• Cup with Handle Bullish Chart Pattern
• Diamond Bottom Chart Pattern
• Double Bottom Chart Pattern
• Flag Bullish Chart Pattern
• Head and Shoulders Bottom Chart Pattern
• Megaphone Bottom Chart Pattern
• Pennant Bullish Chart Pattern
• Round Bottom Chart Pattern
• Symmetrical Continuation Triangle Bullish
• Triple Bottom Chart Pattern
• Upside Breakout Chart Pattern – Rectangle

Education and Extras (4Days)

• Motive (Impulse) Waves

• Corrective Waves
• Bullish Trend Reversals
• Bearish Trend Reversals
• Chart Pattern Statistics

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

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Downside Break Chart Pattern – Rectangle

This is the 31th Day course in a series of 60-Days called “Technical Analysis Training

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

Technical-Analysis-Training

Implication

A Downside Breakout is regarded a bearish signal, marking a breakout from a trading rate to beginning a new downtrend.

Description

A Downside Breakout happens whenever prices break out from the bottom of a trading range and come down suddenly as a new downtrend forms. It looks that the market is being overloaded with sell instructions. There are generally break inside this activity. This pattern can final for a few days to a few weeks.

downside_break.png

Criteria that Supports

Duration of Trading Range

The period of the trading range for that the breakout happened can offer an signal of the energy of the breakout. The longer the timeframe of the trading range the most considerable the breakout.

Narrowness of Trading Range

The “narrowness” of the trading range can also be applied to evaluate the breakout. To determine the narrowness of the trading range contrast the upper bound with the lower bound of the trading rate. If the trading rate has a small difference amongst the upper and lower bound (making it narrow) then the breakout is regarded more powerful and more dependable.

Support and Resistance

Search for a location of support or resistance. A location of price combination or a powerful Support and Resistance Line at or over the target price is a powerful indicator that the price will move to that point.

Moving Average Trend

See at the way of the Moving Average Trend. For small period patterns use a 50 day Moving Average, for extended patterns use a 200 day Moving Average. The Moving Average should modification way during the duration of the pattern and should head in the direction suggested by the pattern.

Volume

A strong volume surge on the day of the pattern ratification is a intense signal in support of the potential for this pattern. The volume surge should be considerably preceding the average of the volume for the period of the pattern. In improvement, the volume during the duration of the pattern must be declining on average.

Criteria that Refutes

Duration of Trading Range

The period of the trading rate for which the breakout happened can supply an signal of the power of the breakout. The reduced the period of the trading range the less important the breakout.

Narrowness of Trading Range

The “narrowness” of the trading range can also be used to gauge the breakout. To decide the narrowness of the trading range evaluate the upper boundary with the lower boundary of the trading range. If the trading range has a large distinction between the upper and lower boundary (making it wide) then the breakout is considered weaker and less dependable.

No Volume Spike on Confirmation

The absence of a volume spike on the day of the pattern verification is an signal that this pattern may not be dependable. In improvement, if the volume has stayed frequent, or was improving, over the duration of the pattern, then this pattern must be regarded less dependable.

Moving Average Trend

Look at the direction of the Moving Average Trend. For short duration patterns use a 50 day Moving Average, for longer patterns use a 200 day Moving Average. A Moving Average that is trending in the opposite direction to that indicated by the pattern is an indication that this pattern is less reliable.

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your Technical Analysis Training.

Technical Analysis Training (60 Days – Comprehensive Course)

Short-Term Chart Patterns (15 -Days)

Short-Term Chart Patterns: (7Days)

Gap Down Chart Pattern

Gap Up Chart Pattern

Gravestone Short-term Chart Pattern

Hammer Candle Stick Chart Pattern

Hanging Man Short-term Stock Chart Pattern

Inverted Hammer Stock Chart Pattern

Shooting Star Candle Stick Pattern

Bearish Short-Term Chart Patterns: (2Days)

Engulfing Line (Outside Bearish Reversal) Chart Pattern

Island Top Chart Pattern

Bullish Short-Term Chart Patterns: (6Days)

Engulfing Line (Bullish) Chart Pattern

Exhaustion Bar Chart Pattern (Bullish)

Inside Bar Chart Pattern

Island Bottom Chart Pattern

Key Reversal Bar (Bullish) Chart Pattern

Two Bar Reversal (Bullish) Chart Pattern

Indicators & Oscillators (Total – 11Days)

Bullish or Bearish Indicators: (3Days)

• Double Moving Average Crossover
• Price Crosses Moving Average
• Triple Moving Average Crossover

 

Bullish or Bearish Oscillators: (9Days)

 

• Bollinger Bands Oscillator
• Commodity Channel Index (CCI)
• Fast Stochastic Oscillator
• Know Sure Thing (KST) Oscillator
• Momentum Oscillator
• Moving Average Convergence/Divergence (MACD) Oscillator
• Relative Strength Index (RSI)
• Slow Stochastic Oscillator
• Williams %R Oscillator

Classic Chart Patterns (Total -29Days)

Bearish Classic Chart Patterns: (14Days)

 

• Continuation Diamond (Bearish) Chart Pattern
• Continuation Wedge (Bearish)
• Descending Continuation Triangle Chart Pattern
• Diamond Top Chart Pattern
• Double Top Chart Pattern
• Downside Break Chart Pattern – Rectangle
• Flag Bearish Chart Pattern
• Head and Shoulders Top Chart Pattern
• Megaphone Top Chart Pattern
• Pennant Bearish Chart Pattern
• Rounded Top Chart Pattern
• Symmetrical Continuation Triangle (Bearish)
• Top Triangle/Wedge Chart Pattern
• Triple Top Chart Pattern

Bullish Classic Chart Patterns: (15Days)

• Ascending Continuation Triangle Chart Pattern
• Bottom Triangle Or Wedge Chart Pattern
• Continuation Diamond (Bullish) Chart Pattern
• Continuation Wedge Chart Pattern (Bullish)
• Cup with Handle Bullish Chart Pattern
• Diamond Bottom Chart Pattern
• Double Bottom Chart Pattern
• Flag Bullish Chart Pattern
• Head and Shoulders Bottom Chart Pattern
• Megaphone Bottom Chart Pattern
• Pennant Bullish Chart Pattern
• Round Bottom Chart Pattern
• Symmetrical Continuation Triangle Bullish
• Triple Bottom Chart Pattern
• Upside Breakout Chart Pattern – Rectangle

Education and Extras (4Days)

• Motive (Impulse) Waves

• Corrective Waves
• Bullish Trend Reversals
• Bearish Trend Reversals
• Chart Pattern Statistics

This Completes the List of Courses.

 

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

 

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Double Top Chart Pattern

This is the 18th Day course in a series of 60-Days called “Technical Analysis Training

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

Technical-Analysis-Training

Double Top Chart Pattern

Implication

A double top occurs when prices form two distinct highs on a chart. A twice top is just complete, however, when rates decline below the lowest low – the “valley floor” – of the structure.

The double top is a rearward design of an climbing pattern in a stock’s rate. Their double top represents an uptrend inside their method of getting to be a downtrend.

Often times known as an “M” constitution since out of the proper layout it generates in the data, the double top is any of the more frequently noticed plus recognized of the layouts. Simply because people surface to be so smooth to determine, the double top must be approached among extreme caution by the trader.

Corresponding to Schabacker, the double top is a “a lot misinterpreted structure.” lots of traders choose that, simply because the double top is actually really a popular layout, this is continuously efficient. This one is not really the issue. Schabacker quotations which most likely not much more compared to a third concerning them indicator rearward and also that more layouts which kind of an trader might possibly call a double top become not in reality that configuration. 2 Bulkowski quotes the double top has a breakdown rate of 65%. If an investor delays for the breakout, conversely, the breakdown rate declines to 17%.

The double top is a pattern, therefore, that requires close study for correct identification.

What does a double top look like?

Exclusively as symbolize under, a double top constitutes of two carved, acute highs at roughly the equivalent rate level. A double top provides position whenever rates are in an uptrend. Prices help improve to a complicated process level, escape, come back to the opposition stage once again earlier troubled. The two best want be specific and acute. The design is complete whenever prices decline exclusively under the lowest reduced in the setup. The lowest low is called the verification point.

double-top-chart-pattern

Corresponding to Black Prince and Magee, there must be at least a 15% decline amongst the two surfaces, on limiting task. The second mass meeting returned to the last high (plus or minus 3%) should be on reduced volume than that the first. Another experts maintain which the descent subscribed amongst the two tops must be at minimum 20% plus the peaks must be separated at least a month separate.

Generally there become a limited details of agreement, then again. Investors must verify which that the design is in reality composed of two specific tops plus which that they must show up nearby the exact same price level. Tops should have a important quantity of time around them all -extending coming from a limited weeks to a year. Traders must maybe not mistake a combination pattern using a dual top. Subsequently, this is critical to the conclusion of the turn around structure which rates nearby just below the verification point.

Why is this pattern important?

Corresponding to Murphy, the double top is one particular of that more continuously noticed as well as many definitely acknowledged. Still, experts recognize that this one can be a difficult design to properly recognize. Investors should spend near consideration to the volume through the constitution of the pattern, the amount of reduction amongst the two peaks, and the instant the framework require to establish on the chart.

A double top often forms in active markets, suffering from heavy trading. A stock’s price minds up rapidly on high volume. Require falls off and price falls, often remaining in a trough for weeks or months. A second run-up in the price occurs taking the price back up to the level achieved by the first top. This time volume is heavy but not as heavy as during the first run-up. Stock prices fall back a second time, unable to pierce the resistance level. These two sharp advances with relatively heavy volume have worn out the buying power in the stock. Without that power behind it, the stock reverses its upward movement and falls into a downward trend.

Is volume important in a double top?

Investors should pay close focus to volume when analyzing a double top.

Commonly, volume in a double top is normally higher on the left top than the right. Volume tends to be downward as the pattern types. Volume does, however, pick up as the design gets its peaks. Volume grows once more when the pattern finishes, breaking through the verification point.

Observation volume is a key factor of identifying regardless or not a double top is legitimate. Schabacker argues that the volume tip must be utilized very strictly in the event of a double top. The first top should be made using significantly high volume. The second top must also knowledge high volume however it require not accomplish the stage of the first top. In reality, Schabacker points out that the second top is always made on just a moderate enhance over the ordinary volume throughout the period between the tops.

Bulkowski describes that volume does not require to be high on the breakout. Whenever a breakout happens using high volume, however, prices tend to decline more.

Elaine Yager, Director of Technical Analysis at Investec Ernst as well as company in New York and a member of Recognia’s Board of Advisors, notes which the right-hand side of the framework is the area to observe most carefully. She observe for decreasing volume until the verification point at which point the volume need increase. However, Yager notes that this pattern is commonly traded with or without the volume increase on the right hand peak.

What are the details that I should pay attention to in the double top?

1. Uptrend Preceding Stock Chart

As said previous, the double top is a reversal enhancement. It starts with costs in an uptrend. Analysts concentrate on particular qualities of that uptrend whenever browsing for a appropriate double top. The trend upwards should be very long and fit. Bulkowski preserves that an investor will need to observe costs trending up more than the short to advanced term – approximately 3 to 6 months. Additional, he says that “the cost trend must not be a reconstruct in an extensive decline however typically has a stair-step appearance. Schabacker verifies this approach, describing that when the stock has been in a long, healthy uptrend, the double top is additional likely to formulate into a reversal. If the uptrend is short, the double top might not maintain and the uptrend will resume.

2. Time between Tops

Analysts spend shut interest to the “size” of the pattern – the period of the interval amongst the two tops. Commonly, the longer the time between the two tops, the most significant the design as a ideal reversal. Schabacker alerts investors off of a pattern in which just a few days interfere between the two peaks. Analysts advise that investors must appearance for patterns where at slightest one month elapses between the peaks. It is not uncommon for a few months to go between the dates of the two tops. Murphy describes that these patterns could duration several years.

On the other side, Yager notes that designs that are very long may be uncontrollable, and she appears for stronger, shorter patterns. Yager considers that shorter patterns are feasible as lengthy as you can see the volume in the right top creating.

3. Decline from First Top

Based on to Schabacker, this component is still additional important to the credibility of a double top compared to volume. He contends the decline in price that happens between the two peaks need be consequential, totalling to around 20% of the price. In concept, he shows that it could still be additional than that but must not be far less. Some other analysts are not so clear or challenging regarding the price decline. For some, such as Yager, a decline of at least 10% is sufficient. All recognize, nevertheless, that the further the trough between the two tops, the best the efficiency of the pattern.

4. Volume
As mentioned previously, volume tends to be heaviest during the first peak, lighter on the second. It is common to see volume pick up again at the time of breakout.
5. Decisive Breakout

Corresponding to Murphy, the technical chances normally prefer the continuation of the current trend. It means that it is absolutely ordinary market motion for prices on an uptrend to peak at a immunity level a couple of times, retreat, and then continue that uptrend. It is a obstacle for the analyst to identify whether the decline from a peak is the signal of the improvement of a appropriate double top or plainly a momentary drawback in the evolution of a proceeding uptrend.Analysts, so, suggest mindful investors to hold off for the cost to fall back and break through the verification point prior to depending on the credibility of the pattern. Numerous experts manage that an investor must wait for a important breakout, verified by high volume. Many, like Bulkowski, are not so dependent on high volume at the time of breakout but do accept that the higher the volume at the time of breakout, the further the decline in prices that the pattern will sign up.

6. Pullback after Breakout

A pullback following the breakout is normal for a double top. Bulkowski claims that the higher the volume on the breakout, the higher the chance of a pullback. “Whenever everybody sells their shares soon just after a breakout, what is left is an imbalance of buying requirements (since the sellers have all sold), so the price grows and brings back to the verification point.”

How can I trade this pattern?

Begin by calculating the target price — the lowest anticipated price move. The double top is calculated in a way like to that for the head and shoulders top.

Calculate the height of the pattern by subtracting the lowest low from the highest high in the constitution. Therefore, take off the height of the pattern from the lowest low. In different words, an investor can wish the price to shift downwards at least the distance from the breakout point less the height of the pattern.

For example, assume the lowest low of the double top is 230 and the highest high is 260. The height of the pattern equals 30 (260 – 230 = 30). The minimum target price is 200 (230 – 30 = 200).
Given the sometimes weak performance of the double top, Bulkowski suggests dividing the height in half before subtracting from the breakout point. In the above example, this would mean a target price of 215 (230 – 15 = 215).
Murphy cautions the term “double top” is greatly overused in the markets. Most of the patterns referred to as double tops are, in fact, something else. Because of this, Murphy advises investors to make their investment decisions only after prices have broken through the confirmation point, completing the reversal pattern.Watching the volume throughout the development of the pattern can help determine whether the pattern is a valid double top.
Edwards and Magee explain that patterns where the tops are close together in time are likely not valid double tops but are, in fact, a consolidation area.
Generally, analysts like to see deep troughs between the two peaks. Bulkowski advocates a valley that is at least 15% lower than the peaks.
Because so many double tops pullback after breaking through the confirmation point, it is often possible to wait for the pullback to place a trade and then watch prices decline for a second time.

Are there variations in the pattern that I should know about?

1. Two Peaks at Different Levels

Often times the two peaks consisting a double top are not at correctly the same price level. This does not really render the pattern incorrect. Murphy points out that investors should be less worried if the second peak does not hit the high of the first peak. If the second peak is higher than the first, still, investors should reveal warning because the pattern may be in the process of starting its uptrend. Analysts suggest that if the second peak surpasses the first by more than 3%, the pattern may not be a double top. At the same time, if the second peak remains higher than the first peak by more than a couple of days, then the pattern may not be a true double top.

double-top-chart-pattern

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your Technical Analysis Training.

Technical Analysis Training (60 Days – Comprehensive Course)

Short-Term Chart Patterns (15 -Days)

Short-Term Chart Patterns: (7Days)

Gap Down Chart Pattern

Gap Up Chart Pattern

Gravestone Short-term Chart Pattern

Hammer Candle Stick Chart Pattern

Hanging Man Short-term Stock Chart Pattern

Inverted Hammer Stock Chart Pattern

Shooting Star Candle Stick Pattern

Bearish Short-Term Chart Patterns: (2Days)

Engulfing Line (Outside Bearish Reversal) Chart Pattern

Island Top Chart Pattern

Bullish Short-Term Chart Patterns: (6Days)

Engulfing Line (Bullish) Chart Pattern

Exhaustion Bar Chart Pattern (Bullish)

Inside Bar Chart Pattern

Island Bottom Chart Pattern

Key Reversal Bar (Bullish) Chart Pattern

Two Bar Reversal (Bullish) Chart Pattern

Indicators & Oscillators (Total – 11Days)

Bullish or Bearish Indicators: (3Days)

• Double Moving Average Crossover
• Price Crosses Moving Average
• Triple Moving Average Crossover

 

Bullish or Bearish Oscillators: (9Days)

 

• Bollinger Bands Oscillator
• Commodity Channel Index (CCI)
• Fast Stochastic Oscillator
• Know Sure Thing (KST) Oscillator
• Momentum Oscillator
• Moving Average Convergence/Divergence (MACD) Oscillator
• Relative Strength Index (RSI)
• Slow Stochastic Oscillator
• Williams %R Oscillator

Classic Chart Patterns (Total -29Days)

Bearish Classic Chart Patterns: (14Days)

 

• Continuation Diamond (Bearish) Chart Pattern
• Continuation Wedge (Bearish)
• Descending Continuation Triangle Chart Pattern
• Diamond Top Chart Pattern
• Double Top Chart Pattern
• Downside Break Chart Pattern – Rectangle
• Flag Bearish Chart Pattern
• Head and Shoulders Top Chart Pattern
• Megaphone Top Chart Pattern
• Pennant Bearish Chart Pattern
• Rounded Top Chart Pattern
• Symmetrical Continuation Triangle (Bearish)
• Top Triangle/Wedge Chart Pattern
• Triple Top Chart Pattern

Bullish Classic Chart Patterns: (15Days)

• Ascending Continuation Triangle Chart Pattern
• Bottom Triangle Or Wedge Chart Pattern
• Continuation Diamond (Bullish) Chart Pattern
• Continuation Wedge Chart Pattern (Bullish)
• Cup with Handle Bullish Chart Pattern
• Diamond Bottom Chart Pattern
• Double Bottom Chart Pattern
• Flag Bullish Chart Pattern
• Head and Shoulders Bottom Chart Pattern
• Megaphone Bottom Chart Pattern
• Pennant Bullish Chart Pattern
• Round Bottom Chart Pattern
• Symmetrical Continuation Triangle Bullish
• Triple Bottom Chart Pattern
• Upside Breakout Chart Pattern – Rectangle

Education and Extras (4Days)

• Motive (Impulse) Waves

• Corrective Waves
• Bullish Trend Reversals
• Bearish Trend Reversals
• Chart Pattern Statistics

This Completes the List of Courses.

.

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

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Diamond Top Chart Pattern considered a bearish signal

This is the 29th Day course in a series of 60-Days called “Technical Analysis Training

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

Technical-Analysis-Training

Diamond Top Chart Pattern

Implication

A Diamond Top is considered a bearish signal, indicating a possible reversal of the current uptrend to a new downtrend.

Description

Diamond patterns normally form over several months in very active markets. Volume remains high during the formation of this design. The Diamond Top indicates a reversal to a downtrend.

The Diamond Top pattern occurs because prices create higher highs and lower lows in a broadening design. Then the trading range gradually narrows after the highs peak and the lows start trending upward. The technical event occurs when prices break downward out of the diamond formation

Dimond-top-chart-pattern.jpg

Trading Considerations

Duration of Pattern

Consider the duration of the pattern and its relationship to your trading time horizons. The duration of the pattern is considered to be an indicator of the duration of the influence of this pattern. The longer the pattern the longer it will take for the price to move to its target. The shorter the pattern the sooner the price move. If you are considering a short-term trading opportunity, look for a pattern with a short duration. If you are considering a longer-term trading opportunity, look for a pattern with a longer duration.

Target Price

The target price provides an important indication about the potential price move that this pattern indicates. Consider whether the target price for this pattern is sufficient to provide adequate returns after your costs (such as commissions) have been taken into account. A good rule of thumb is that the target price must indicate a potential return of greater than 5% before a pattern should be considered useful. However you must consider the current price and the volume of shares you intend to trade. Also, check that the target price has not already been achieved.

Inbound Trend

The inbound trend is an important characteristic of the pattern. A shallow inbound trend may indicate a period of consolidation before the price move indicated by the pattern begins. Look for an inbound trend that is longer than the duration of the pattern. A good rule of thumb is that the inbound trend should be at least 2 times the duration of the pattern.

 

Criteria that Supports

Support and Resistance

Support can be found at the turning point of the lows and resistance at the top peak of the Diamond.

Moving Average

Watch for the 200-day Moving Average to flatten out. Then watch for the 50-day Moving Average to cross below the 200-day Moving Average. This should signal the breakout.

Criteria that Refutes

No Volume

A lack of a volume throughout the pattern is an indication that this pattern may not be reliable.

Short Inbound Trend

An inbound trend that is significantly shorter than the pattern duration is an indication that this pattern should be considered less reliable.

Technical Analysis Training (60 Days – Comprehensive Course)

Short-Term Chart Patterns (15 -Days)

Short-Term Chart Patterns: (7Days)

Gap Down Chart Pattern

Gap Up Chart Pattern

Gravestone Short-term Chart Pattern

Hammer Candle Stick Chart Pattern

Hanging Man Short-term Stock Chart Pattern

Inverted Hammer Stock Chart Pattern

Shooting Star Candle Stick Pattern

Bearish Short-Term Chart Patterns: (2Days)

Engulfing Line (Outside Bearish Reversal) Chart Pattern

Island Top Chart Pattern

Bullish Short-Term Chart Patterns: (6Days)

Engulfing Line (Bullish) Chart Pattern

Exhaustion Bar Chart Pattern (Bullish)

Inside Bar Chart Pattern

Island Bottom Chart Pattern

Key Reversal Bar (Bullish) Chart Pattern

Two Bar Reversal (Bullish) Chart Pattern

Indicators & Oscillators (Total – 11Days)

Bullish or Bearish Indicators: (3Days)

• Double Moving Average Crossover
• Price Crosses Moving Average
• Triple Moving Average Crossover

 

Bullish or Bearish Oscillators: (9Days)

 

• Bollinger Bands Oscillator
• Commodity Channel Index (CCI)
• Fast Stochastic Oscillator
• Know Sure Thing (KST) Oscillator
• Momentum Oscillator
• Moving Average Convergence/Divergence (MACD) Oscillator
• Relative Strength Index (RSI)
• Slow Stochastic Oscillator
• Williams %R Oscillator

Classic Chart Patterns (Total -29Days)

Bearish Classic Chart Patterns: (14Days)

 

• Continuation Diamond (Bearish) Chart Pattern
• Continuation Wedge (Bearish)
• Descending Continuation Triangle Chart Pattern
• Diamond Top Chart Pattern
• Double Top Chart Pattern
• Downside Break Chart Pattern – Rectangle
• Flag Bearish Chart Pattern
• Head and Shoulders Top Chart Pattern
• Megaphone Top Chart Pattern
• Pennant Bearish Chart Pattern
• Rounded Top Chart Pattern
• Symmetrical Continuation Triangle (Bearish)
• Top Triangle/Wedge Chart Pattern
• Triple Top Chart Pattern

Bullish Classic Chart Patterns: (15Days)

• Ascending Continuation Triangle Chart Pattern
• Bottom Triangle Or Wedge Chart Pattern
• Continuation Diamond (Bullish) Chart Pattern
• Continuation Wedge Chart Pattern (Bullish)
• Cup with Handle Bullish Chart Pattern
• Diamond Bottom Chart Pattern
• Double Bottom Chart Pattern
• Flag Bullish Chart Pattern
• Head and Shoulders Bottom Chart Pattern
• Megaphone Bottom Chart Pattern
• Pennant Bullish Chart Pattern
• Round Bottom Chart Pattern
• Symmetrical Continuation Triangle Bullish
• Triple Bottom Chart Pattern
• Upside Breakout Chart Pattern – Rectangle

Education and Extras (4Days)

• Motive (Impulse) Waves

• Corrective Waves
• Bullish Trend Reversals
• Bearish Trend Reversals
• Chart Pattern Statistics

This Completes the List of Courses.

 

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

 

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Head and Shoulders Top Chart Pattern

This is the 33th Day course in a series of 60-Days called “Technical Analysis Training

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

Technical-Analysis-Training

Head and Shoulders Top Chart Pattern

Implication

Head and Shoulders Top is regarded a bearish signal. It suggests a feasible reversal of the present uptrend to a new downtrend.

Description

The Head and Shoulders Top is an very well-known pattern one of investors because it’s one of the most dependable of all structures. It also looks to be an simple one to place. Beginner investors usually generate the error of viewing Head and Shoulders anywhere. Experienced technical analysts will notify you that it is tough to identify the genuine situations.

The classic Head and Shoulders Top appearance like a human head with shoulders on both side of the head. A best sample of the pattern has three crisp high points, developed by three effective rallies in the price of the economic application.

The first point – the left shoulder – happens as the price of the economic application in a increasing market occurs a high and then drops back. The second point – the head – occurs when prices increase to an still higher high and then fall back again. The third point – the right shoulder – occurs when prices rise once again but don’t hit the high of the head. Prices then fall back again once they have hit the high of the right shoulder. The shoulders are definitely lower than the head and, in a classic formation, are often approximately match to one different.

A key factor of the pattern is the neckline. The neckline is developed by attracting a line linking two low price points of the formation. The first low point happens at the end of the left shoulder and the starting of the uptrend to the head. The second represents the end of the head and the starting of the upturn to the right shoulder. The neckline can be horizontal or it can pitch up or down. The pattern is finish whenever the support supplied by the neckline is “broken.” This happens when the price of the economic device, dropping from the high point of the right shoulder, moves here the neckline. Technical analysts will usually say that the pattern is not verified until the price closes below the neckline – it is not sufficient for it to trade below the neckline.

  Head and Shoulders Top Chart Pattern

There are various differences, many of that are explained here and can be just as legal as the classic development. Another factors – such as volume and the excellence of the breakout – should be regarded in association with the pattern itself

Variations of a Head and Shoulders Top

Following are some variations of the Head and Shoulder pattern that may occur.

The Drooping Shoulder

The sagging shoulder, where the neckline has a downward incline, is highly uncommon and displays overwhelming weak spot. The droop occurs because the price at the end of the head and the starting of the right shoulder has fell even lower than the previous low at the end of the left shoulder and the starting of the head. Most experts consent that a downward incline has bearish effects for market weak spot. When the right shoulder is drooping, the trader will have to wait longer than usual for a important neck break. It should also be recognized that when that important break does occur a lot of the move will have currently occurred.

Varying Width of Shoulders

The classic Head and Shoulders Top is symmetrical. However, if the shoulders don’t match in width, don’t discount the pattern.

Flat Shoulders

While the classic Head and Shoulders Top is made up of three sharp upward points, these need not be present for the pattern to be valid. Sometimes, shoulders can be rounded.

Multiple Head and Shoulders Patterns

Many valid Head and Shoulders patterns are not as well defined as the classical head with a shoulder on either side. It is not uncommon to see more than two shoulders and more than one head. A common version of a multiple Head and Shoulders pattern includes two left shoulders of more or less equal size, one head, and then two right shoulders that mimic the size and shape of the left shoulders.

Volume

Volume is extremely important for this pattern.

For a Head and Shoulders Top the volume pattern is as follows.

Volume is greatest when the left shoulder is creating. In reality, volume is frequently increasing as the uptrend goes on and additional and more buyers need to get in.

Volume is lowest on the right shoulder as investors notice a reversal occurring. Specialists say low volume stages on the right shoulder are a powerful mark of a reversal.

In the head part of the price pattern, volume falls someplace around the energy of the left shoulder and weakness of the right shoulder. Volume often grows when the neckline is broken as the reversal is now finish and downside force starts in serious. One of the key attributes seemed for in a Head and Shoulders Top by experienced Technical Analysts is too much high volume on the breakout.

Even though volume is significant, experts inform us not really to get found up in the exact number of shares getting traded. What is more significant are modifications in the rate of trading.

Important Characteristics

Following are important characteristics for this pattern.

Symmetry

The right and left shoulders peak at about the similar price level. In inclusion, the shoulders are often regarding the exact same length from the head. In another words, there should be about the exact same quantity of time amongst the improvement of the top of the left shoulder and the head as between the head and the top of the right shoulder. In the proper world, the formation will rarely be flawlessly symmetrical. Often one shoulder will be higher than the other or take more time to build.

Volume

Volume is highest on the left shoulder, lowest on the right shoulder and somewhere in between on the head.

Duration of the Pattern

Many experts mention that an typical pattern offers at least three months from beginning to the breakout point when the neckline is broken. It is not unusual, still, for a pattern to last up to six months. The period of the pattern is often called the “width” or “length” of the pattern.

Need for an Uptrend

This is a reversal pattern which marks the transition from an uptrend in prices to a downtrend. This means that the pattern always begins during an uptrend of prices.

Slope of the Neckline

The neckline can mountain up or down. An upward sloping neckline is regarded as to be additional bullish than a downward sloping one, which suggests a weaker position with additional extreme price declines. It is rather uncommon to have a downward sloping neckline for this pattern.

Trading Considerations

Duration of the Pattern

Think about the period of the design and its connection to your trading time horizons. The duration of the pattern is regarded to be an signal of the duration of the impact of this pattern. The longer the pattern the longer it will bring for the price to move to the target price. The shorter the pattern the earlier the price move. If you are thinking about a short-term trading possibility, appearance for a pattern with a short duration. If you are looking at a longer-term trading possibility, look for a pattern with a longer duration.

Target Price

The target price produces an significant indicator regarding the potential price go that this pattern suggests. Think about whether the target price for this pattern is enough to offer adequate rewards after your costs (such as income) have been done into account. A right rule of thumb is that the target price must show a potential return of greater than 5% before a pattern is considered useful. However you must consider the latest price and the volume of shares you plan to trade. Also, check that the target price has not already been attained.

Inbound Trend

The inbound trend is an significant attribute of the pattern. A superficial inbound trend might suggest a period of combination prior to the price move suggested by the pattern starts. Appearance for an inbound trend that is longer then the period of the pattern. A good rule of thumb is that the inbound trend should be at least two times the period of the pattern.

Criteria that Supports

Support and Resistance

Search for a location of support or resistance about the target price. A location of price combination or a powerful Support and Resistance Line at or around the target cost is a powerful signal that the price will go to that point.

Location of Moving Average

The Head and Shoulders Top should be above the Moving Average. Contrast the place of the pattern to a Moving Average of proper length. For short duration patterns use a 50 day Moving Average, for longer patterns use a 200 day Moving Average.

Moving Average Trend

The Moving Average must change way inside the period of the pattern and should head in the way suggested by the pattern. Search at the direction of the Moving Average Trend. For short period patterns use a 50 day Moving Average, for longer patterns use a 200 day Moving Average.

Volume

Volume is highest when the left shoulder is forming.

Volume is lowest on the right shoulder.

In the head part of the price pattern, volume drops anywhere between the energy of the left shoulder and weak spot of the right shoulder.

A powerful volume spike on the day of the pattern verification is a intense indicator in support of the possible for this pattern. The volume spike should be considerably preceding the average of the volume for the duration of the pattern.

Other Patterns

Another reversal patterns (such as Bullish and Bearish Engulfing Lines and Islands) that happen at the peaks and valleys suggest intense resistance at those points. The existence of these patterns within a Head and Shoulders is a strong indicator in support of this pattern.

Criteria that Refutes

No Volume Spike on Confirmation

The absence of a volume spike on the day of the pattern verification is an indicator that this method may not be reputable. In improvement, if the volume has stayed frequent, or was increasing, over the duration of the pattern, then this pattern should be regarded less dependable.

Location of Moving Average

If the Head and Shoulders Top is below the Moving Average then this pattern should be considered less reliable. Compare the location of the pattern to a Moving Average of appropriate length. For short duration patterns use a 50 day Moving Average, for longer patterns use a 200 day Moving Average.

Moving Average Trend

A Moving Average that is trending in the reverse way to that suggested by the pattern is an signal that this pattern is less dependable. Appearance at the way of the Moving Average Trend. For short period patterns use a 50 day Moving Average, for longer patterns use a 200 day Moving Average.

Inbound Trend

An inbound trend that is significantly shorter than the pattern duration is an indication that this pattern should be considered less reliable.

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your Technical Analysis Training.

Technical Analysis Training (60 Days – Comprehensive Course)

Short-Term Chart Patterns (15 -Days)

Short-Term Chart Patterns: (7Days)

Gap Down Chart Pattern

Gap Up Chart Pattern

Gravestone Short-term Chart Pattern

Hammer Candle Stick Chart Pattern

Hanging Man Short-term Stock Chart Pattern

Inverted Hammer Stock Chart Pattern

Shooting Star Candle Stick Pattern

Bearish Short-Term Chart Patterns: (2Days)

Engulfing Line (Outside Bearish Reversal) Chart Pattern

Island Top Chart Pattern

Bullish Short-Term Chart Patterns: (6Days)

Engulfing Line (Bullish) Chart Pattern

Exhaustion Bar Chart Pattern (Bullish)

Inside Bar Chart Pattern

Island Bottom Chart Pattern

Key Reversal Bar (Bullish) Chart Pattern

Two Bar Reversal (Bullish) Chart Pattern

Indicators & Oscillators (Total – 11Days)

Bullish or Bearish Indicators: (3Days)

• Double Moving Average Crossover
• Price Crosses Moving Average
• Triple Moving Average Crossover

 

Bullish or Bearish Oscillators: (9Days)

 

• Bollinger Bands Oscillator
• Commodity Channel Index (CCI)
• Fast Stochastic Oscillator
• Know Sure Thing (KST) Oscillator
• Momentum Oscillator
• Moving Average Convergence/Divergence (MACD) Oscillator
• Relative Strength Index (RSI)
• Slow Stochastic Oscillator
• Williams %R Oscillator

Classic Chart Patterns (Total -29Days)

Bearish Classic Chart Patterns: (14Days)

 

• Continuation Diamond (Bearish) Chart Pattern
• Continuation Wedge (Bearish)
• Descending Continuation Triangle Chart Pattern
• Diamond Top Chart Pattern
• Double Top Chart Pattern
• Downside Break Chart Pattern – Rectangle
• Flag Bearish Chart Pattern
• Head and Shoulders Top Chart Pattern
• Megaphone Top Chart Pattern
• Pennant Bearish Chart Pattern
• Rounded Top Chart Pattern
• Symmetrical Continuation Triangle (Bearish)
• Top Triangle/Wedge Chart Pattern
• Triple Top Chart Pattern

Bullish Classic Chart Patterns: (15Days)

• Ascending Continuation Triangle Chart Pattern
• Bottom Triangle Or Wedge Chart Pattern
• Continuation Diamond (Bullish) Chart Pattern
• Continuation Wedge Chart Pattern (Bullish)
• Cup with Handle Bullish Chart Pattern
• Diamond Bottom Chart Pattern
• Double Bottom Chart Pattern
• Flag Bullish Chart Pattern
• Head and Shoulders Bottom Chart Pattern
• Megaphone Bottom Chart Pattern
• Pennant Bullish Chart Pattern
• Round Bottom Chart Pattern
• Symmetrical Continuation Triangle Bullish
• Triple Bottom Chart Pattern
• Upside Breakout Chart Pattern – Rectangle

Education and Extras (4Days)

• Motive (Impulse) Waves

• Corrective Waves
• Bullish Trend Reversals
• Bearish Trend Reversals
• Chart Pattern Statistics

This Completes the List of Courses.

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

articles1.jpg

Descending Continuation Triangle Chart Pattern

This is the 28th Day course in a series of 60-Days called “Technical Analysis Training

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

Technical-Analysis-Training

 

Descending Continuation Triangle Chart Pattern

Implication

A Descending Continuation Triangle is regarded a bearish signal, suggesting that the present downtrend might continue.

Description

A Descending Continuation Triangle features two converging trend lines. The bottom trend line is side to side and the top trend line mountains downward. The design shows lows happening at a frequent rate stage, with highs moving continually lower. The pattern indicates two highs pressing the upper trend line and two lows touching the lower trend line.

This pattern is confirmed whenever the price breaks out of the triangle constitution to close further down the lower trend line.

decending_triangle.png

Amount is an significant factor to consider. Typically, volume follows a reliable pattern: volume should diminish as the price swings back and forth between an progressively narrow range of highs and lows. Then again, when breakout occurs, there should be a noticeable increase in volume. If this volume image is not clear, investors should be cautious about decisions made dependent on this design.

Important Characteristics

Following are important characteristics about this pattern.

Occurrence of a Breakout

Technical analysts purchase close awareness to how long the Triangle requires to determine to its apex. The basic rule is that prices should break out – certainly penetrate the lower trend line – somewhere amongst three-quarters and two-thirds of the horizontally width of the creation. The break out, in other words, should happen well before the pattern achieves the apex of the Triangle. The closer the breakout happens to the apex the less trustworthy the design.

Duration of the Triangle

The Triangle is a comparatively short-term pattern. This might consume from one to three months to form.

Shape of Descending Triangle

The horizontal bottom trend line require not be perfectly horizontal.

Volume

Investors must view volume decreasing as the pattern progresses toward the apex of the Triangle. At breakout, however, here must be a significant increase in volume.

Trading Considerations

Duration of Pattern

Think about the duration of the pattern and its interconnection to your trading time intelect. The period of the design is considered to be an signal of the duration of the effect of this pattern. The longer the pattern the longer it will consume for the price to accomplish its target. The small the pattern the faster the price changes. In case you are thinking about a short-term trading possibility, browse for a pattern with a short period. If you are considering a longer-term trading opportunity, look for a pattern with a longer duration.

Target Price

The concentrate on volume produces an essential indication about the prospective price move that this pattern shows. Choose whether the target price for this pattern is enough to provide adequate returns after your costs (like as profits) have been taken into fund. A ideal rule of thumb is that the target price must indicate a potential return of greater than 5% before a pattern should be thought to be helpful. However you must consider the current amount and the volume of shares you intend to trade. Also, confirm that the target price has not at the moment been reached.

Inbound Trend

The inbound trend is an important characteristic of the pattern. A shallow inbound trend may indicate a period of consolidation before the price move indicated by the pattern begins. Look for an inbound trend that is longer than the duration of the pattern. A good rule of thumb is that the inbound trend should be at least 2 times the duration of the pattern.

Criteria that Supports

Look for a region of support at the bottom trend line and a line of resistance at the highest high of the Triangle.

Moving Average

Compare prices to the 200 day Moving Average. When prices are close to or touch the 200 day Moving Average this alert is considered stronger.

Volume

A strong volume increase on the day of the pattern confirmation is a strong indicator in support of the potential for this pattern. The volume spike should be significantly above the average of the volume for the duration of the pattern. In addition, the volume during the duration of the pattern should be declining on average.

Criteria that Refutes

No Volume Spike on Breakout

The lack of a volume spike on the day of the pattern confirmation is an indication that this pattern may not be reliable. In addition, if the volume has remained constant, or was increasing, over the duration of the pattern, then this pattern should be considered less reliable.

Short Inbound Trend

An inbound trend that is significantly shorter than the pattern duration is an indication that this pattern should be considered less reliable.

Underlying Behavior

This pattern with its increasingly higher highs and constant lows indicates that sellers are more aggressive than buyers.

 

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your Technical Analysis Training.

Technical Analysis Training (60 Days – Comprehensive Course)

Short-Term Chart Patterns (15 -Days)

Short-Term Chart Patterns: (7Days)

Gap Down Chart Pattern

Gap Up Chart Pattern

Gravestone Short-term Chart Pattern

Hammer Candle Stick Chart Pattern

Hanging Man Short-term Stock Chart Pattern

Inverted Hammer Stock Chart Pattern

Shooting Star Candle Stick Pattern

Bearish Short-Term Chart Patterns: (2Days)

Engulfing Line (Outside Bearish Reversal) Chart Pattern

Island Top Chart Pattern

Bullish Short-Term Chart Patterns: (6Days)

Engulfing Line (Bullish) Chart Pattern

Exhaustion Bar Chart Pattern (Bullish)

Inside Bar Chart Pattern

Island Bottom Chart Pattern

Key Reversal Bar (Bullish) Chart Pattern

Two Bar Reversal (Bullish) Chart Pattern

Indicators & Oscillators (Total – 11Days)

Bullish or Bearish Indicators: (3Days)

• Double Moving Average Crossover
• Price Crosses Moving Average
• Triple Moving Average Crossover

 

Bullish or Bearish Oscillators: (9Days)

 

• Bollinger Bands Oscillator
• Commodity Channel Index (CCI)
• Fast Stochastic Oscillator
• Know Sure Thing (KST) Oscillator
• Momentum Oscillator
• Moving Average Convergence/Divergence (MACD) Oscillator
• Relative Strength Index (RSI)
• Slow Stochastic Oscillator
• Williams %R Oscillator

Classic Chart Patterns (Total -29Days)

Bearish Classic Chart Patterns: (14Days)

 

• Continuation Diamond (Bearish) Chart Pattern
• Continuation Wedge (Bearish)
• Descending Continuation Triangle Chart Pattern
• Diamond Top Chart Pattern
• Double Top Chart Pattern
• Downside Break Chart Pattern – Rectangle
• Flag Bearish Chart Pattern
• Head and Shoulders Top Chart Pattern
• Megaphone Top Chart Pattern
• Pennant Bearish Chart Pattern
• Rounded Top Chart Pattern
• Symmetrical Continuation Triangle (Bearish)
• Top Triangle/Wedge Chart Pattern
• Triple Top Chart Pattern

Bullish Classic Chart Patterns: (15Days)

• Ascending Continuation Triangle Chart Pattern
• Bottom Triangle Or Wedge Chart Pattern
• Continuation Diamond (Bullish) Chart Pattern
• Continuation Wedge Chart Pattern (Bullish)
• Cup with Handle Bullish Chart Pattern
• Diamond Bottom Chart Pattern
• Double Bottom Chart Pattern
• Flag Bullish Chart Pattern
• Head and Shoulders Bottom Chart Pattern
• Megaphone Bottom Chart Pattern
• Pennant Bullish Chart Pattern
• Round Bottom Chart Pattern
• Symmetrical Continuation Triangle Bullish
• Triple Bottom Chart Pattern
• Upside Breakout Chart Pattern – Rectangle

Education and Extras (4Days)

• Motive (Impulse) Waves

• Corrective Waves
• Bullish Trend Reversals
• Bearish Trend Reversals
• Chart Pattern Statistics

This Completes the List of Courses.

.

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?