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Chart Patterns

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A chart pattern is simply a pattern formed within a security's chart. These patterns are formed during the battle between bulls and bears.
Chart patterns reorganization and pattern studies is part of the technical analysis discipline.
Traders try to recognize patterns in a chart and make decisions based on how they perceive the pattern.

There are many popular chart patterns used by traders in their decision making process.
Popular chart patterns include:
Trend lines
Double top and double bottom
Price channels
Cup and handle
Head and shoulders


Objects: Chart Patterns
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Ratio of stocks trading above their moving average plus one standard deviation to...
by Patrick Fonce, uploaded one month ago

This is a composite and market breadth indicator that calculates the ratio of stocks trading above the moving average of their close prices plus the 30-bar standard deviation to stocks trading below the moving average of their close prices minus the 30-bar standard deviation.

The Standard deviation is a measure of...

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Technical Analysis Continuation Pattern: Descending Triangle Indicator
by bug man, uploaded several months ago

In technical analysis, the descending triangle is a continuation pattern that occurs in a downtrend after a consolidation period. It is formed by two trend lines: A descending trend line and a horizontal line or support line. A bearish signal is generated when the close price moves below the support...
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Technical Analysis Continuation Pattern: Ascending Triangle Indicator
by bug man, uploaded several months ago

A well known bullish formation and continuation pattern called the ascending triangle occurs during an uptrend and is constituted of two trend lines where the first one is a resistance line (horizontal line) and the second one connects two or more troughs.

In technical analysis, the ascending triangle formation is visually...

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Chart Pattern Indicator
by Brian Brown, uploaded several months ago

The Chart Pattern Indicator is a market tool developed by Thomas Bulkowski and updated on its website thepatternsite.com.

The Chart Pattern Indicator calculates the ratio of the total number of bullish patterns to the total number of bullish and bearish patterns for approximately 500 U.S. stocks. The result is expressed as...

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Falling and Rising Wedge Patterns
by bug man, uploaded several months ago

...chart patterns is that a triangle, whether it is an ascending or descending triangle, contains an horizontal line, while wedges does not.

The wedges are of two types, rising and falling wedges.
In a rising wedge, the first trendline connects higher highs and therefore is heading up, whereas the second trendline connects...

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Ascending and Descending Triangle Patterns
by bug man, uploaded several months ago

...chart patterns that can be used to confirm a continuation or to detect a reversal; the former is a bullish chart pattern, whereas the latter is a bearish chart pattern.

As we previously said, the Ascending Triangle is a bullish pattern; it is formed by two trendlines. The first trendline...

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Chart Patterns: Double Top and Double Bottom
by bug man, uploaded several months ago

...chart patterns. These reversal patterns are generally formed after an uptrend for the double top and multiple top or a downtrend for the double bottom and multiple bottom.

As said previously, a double-top pattern occurs at the peaks after an upward trend. It is a signal that this upward trend is...

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Head and Shoulders Pattern Index
by bug man, uploaded several months ago

This is certainly a unique indicator/composite index. It combines the data of two popular and commonly used technical analysis patterns to create an index that tells whether the bullish pattern or the bearish pattern is dominating the market.

These technical analysis patterns are the Head and Shoulders and the Head and...

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Head and Shoulders Pattern
by bug man, uploaded several months ago

The head and shoulders pattern is a reversal pattern that generally occurs in uptrends. The pattern contains three peaks - the left shoulder, the head and the right shoulder. It is called Head and Shoulders because the pattern visually looks similar to that of a head with two shoulders. The...
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Mass Index Indicator
by bug man, uploaded several months ago

The Mass Index is an indicator developed by Donald Dorsey; it is used to catch trend reversal points (predict reversals) by comparing the changes in the trading range, which is the high price minus the low price. The Mass Index goes up if there is a considerable movement in the...
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