The Triple Top pattern is formed when an asset’s price reaches a resistance level three times, failing to break through and creating a distinct pattern resembling three consecutive peaks
An ascending trend line is a diagonal line that connects a series of higher swing lows in an uptrend. It serves as a visual representation of the upward momentum in a market, providing traders with valuable insights into potential price movements
A continuation diamond pattern is a technical analysis formation that occurs during an ongoing trend. It represents a period of consolidation or temporary pause before the price resumes its previous direction
The In Neck pattern is a two-candlestick formation that typically appears during a downtrend. It is characterized by a bullish candlestick followed by a bearish candlestick that closes slightly above the low of the previous candlestick
An inverted hammer is a single candlestick pattern that is formed at the end of a downtrend. It is characterized by a small body located at the upper end of the candlestick and a long lower shadow
The Three White Soldiers pattern is a three-candlestick formation that typically occurs after a downtrend. It signals a shift in investor sentiment from bearish to bullish
An on-neck trend occurs when a bearish candlestick pattern is followed by a bullish candlestick pattern that opens at or near the previous day’s low and closes slightly above it
One of the key components of a candlestick is its shadow, also known as a wick or tail. Shadows extend from the top and bottom of the candlestick body, providing additional information about price movements during the trading period
Tweezer bottoms, also known as double bottoms, are a technical analysis pattern that occurs on price charts. They are characterized by two consecutive candlesticks with similar or identical low prices, forming a distinct horizontal line that resembles a pair of tweezers
A spinning top is a candlestick formation that represents a period of indecision in the market. It is characterized by a small body with long upper and lower shadows, giving it the appearance of a spinning toy top.
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