🗣️ The rising wedge pattern is a bearish chart pattern commonly observed at the end of an
upward trend in financial markets. It signifies a possible reversal in the trend and is the
opposite of the bullish falling wedge pattern, which occurs at the end of a downtrend.
Traders interpret the rising wedge as a period of consolidation following a...
The rectangle pattern is a well-known technical analysis pattern that can be a valuable tool for traders. It consists of horizontal lines representing significant support and resistance levels, indicating a period of indecision in the market. This pattern can be effectively traded in two ways: by buying at support and selling at resistance, or by waiting for a...
🗣️ Predicting market reversal is one of the most challenging tasks trader are faced with day by day. These indicators and patterns can handle the initial steps for you. Spotting Market Reversal by FrogAlgo 💥
I. The Spotting Market Reversals is made up of two main phases
1) What Indicators for spotting market reversal
a. Oscillator TSI
b. SMAs...
