Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Tools: Fib Retracement and Stochastic RSI
The MCD price reached support and changed to bullish trend.
Pattern: ascending triangle Pattern type: continuity
Pattern: bullish falling wedge Pattern type: continuity
Pattern: head and shoulders Pattern type: reversion (uptrend ---> downtrend)
Pattern: symmetrical triangle Pattern type: continuity
Example of an uptrend channel.
Pattern: double top Pattern type: reversion (uptrend ---> downtrend)
Example of a double top pattern: two peaks (blue arrows) and a support line between them that when the pattern breaks it becomes a resistance line.
Example of a downtrend with descending peaks.
Example of the pattern head and shoulders. In this case, the left and right shoulders are almost at the same height. The pattern closed below the neckline. The minimum objective was not reached (the vertical distance from head to neckline projected downward from the breaking of the neckline).
Example of an uptrend with ascending troughs.
I think there is an upward trend channel for USDCHF according to historic data.