Charting Patterns And Interpretation Flashcards

1
Q

What charting pattern is this

A

Double Top Chart

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2
Q

What is the psychology of the double top?

A

Price failed to make a higher high, but instead made a same high. Loss of momentum from uptrend or buyers market

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3
Q

What charting Pattern is this?

A

Double bottom charting pattern

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4
Q

What is the double bottom psychology?

A

Price failed to make a lower low, but instead made a same low. Loss of momentum from downtrend from sellers market

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5
Q

What charting pattern is this?

A

Triple Top Chart Pattern

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6
Q

What charting Pattern is this?

A

Triple Bottom Chart pattern

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7
Q

What charting pattern is this?

A

Uptrend charting pattern or continuation

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8
Q

What charting pattern is this?

A

Downtrend charting pattern or continuation

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9
Q

What charting pattern is this?

A

Trend Change pattern

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10
Q

What Charting Pattern is this?

A

Bullish head and shoulders

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11
Q

What charting pattern is this?

A

Bearish head and shoulder pattern

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12
Q

What charting pattern is this?

A

Ascending triangle pattern

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13
Q

What charting pattern is this?

A

Descending triangle pattern

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14
Q

What charting pattern is this?

A

Symmetrical triangle pattern

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15
Q

What Charting pattern is this?

A

Ascending channel pattern

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16
Q

What charting pattern is this?

A

Descending channel pattern

17
Q

What charting pattern is this?

A

Horizontal channel

18
Q

What charting pattern is this?

A

Ascending wedge pattern

19
Q

What charting pattern is this?

A

Descending wedge pattern