MariaDeFreitas

MariaDeFreitas

A trendline helps technical analysts determine the current direction in market prices. Technical analysts believe the trend is your friend, and identifying this trend is the first step in the process of making a good trade.

MariaDeFreitas

The twice-touched low is considered a support level.

MariaDeFreitas

The target can be estimated by measuring the height of the pattern and projecting this downwards from the neckline. Common stop levels are just above the neckline, halfway between the neckline and the tops or above the tops.

MariaDeFreitas

It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.

MariaDeFreitas

When the downtrend line breaks it is a sign of long

MariaDeFreitas

The target can be estimated by measuring the height of the pattern and projecting this downwards from the neckline. Common stop levels are just above the neckline, halfway between the neckline and the tops or above the tops.

MariaDeFreitas Updated 

Bullish or Fallin wedge Long(+) Forex

MariaDeFreitas

Vanguard FTSE Emerging Markets ETF SYMMETRICAL TRIANGLE long (+)

MariaDeFreitas

A falling wedge is Usually bullish.

MariaDeFreitas

Descending Channel Short when a bounce occurs on the top line of the channel

MariaDeFreitas

Up trendline crypto

MariaDeFreitas

Double Top Cisco Systems Short (-)

MariaDeFreitas

An Ascending Triangle Forex

MariaDeFreitas

Example of a double top

MariaDeFreitas

Down Trendline stock ETSY TF

MariaDeFreitas Updated 

BTC

MariaDeFreitas

When the triangle line is broken, either upward or downward, the corresponding operation will be performed.

MariaDeFreitas

Short (-)