bitcoin.ksa2019

bitcoin.ksa2019

The flag pattern is encompassed by two parallel lines. These lines can be either flat or pointed in the opposite direction of the primary market trend. The pole is then formed by a line which represents the primary trend in the market. The pattern, which could be bullish or bearish, is seen as the market potentially just taking a "breather" after a big move before...

bitcoin.ksa2019

It is structurally similar to the flag formation. The only difference between the two formations is their shape. The fluctuation of the rising trend in the form of a downtrend is expressed as a flat pennant formation, while the trend in the opposite direction is called an inverted pennant formation. After a rapid rise in an uptrend, a pause in price occurs. Along...

bitcoin.ksa2019

It is structurally similar to the flag formation. The only difference between the two formations is their shape. The fluctuation of the rising trend in the form of a downtrend is expressed as a flat pennant formation, while the trend in the opposite direction is called an inverted pennant formation. After a rapid rise in an uptrend, a pause in price occurs. Along...

bitcoin.ksa2019

It is structurally similar to the flag formation. The only difference between the two formations is their shape. The fluctuation of the rising trend in the form of a downtrend is expressed as a flat pennant formation, while the trend in the opposite direction is called an inverted pennant formation. After a rapid rise in an uptrend, a pause in price occurs. Along...

bitcoin.ksa2019

It is structurally similar to the flag formation. The only difference between the two formations is their shape. The fluctuation of the rising trend in the form of a downtrend is expressed as a flat pennant formation, while the trend in the opposite direction is called an inverted pennant formation. After a rapid rise in an uptrend, a pause in price occurs. Along...

bitcoin.ksa2019

The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. When this pattern is found in an uptrend, it is considered...

bitcoin.ksa2019

Most of the rules that are applied in the formation of the triple top can be reversed in the formation of triple bottom. As far as volume is concerned, the third low bottom should be on low volume and the rally up from that bottom should show a marked increase in activity.

bitcoin.ksa2019

The formation of triple tops is rarer than that of double tops in the rising market trend. The volume is usually low during the second rally up and lesser during the formation of the third top. The peaks may not necessarily be spaced evenly like those which constitute a Double top. The intervening valleys may not bottom out at exactly the same level, i.e. either...