Your English writing platform
Free sign upExact(15)
Figure 1: A Head and Shoulders Reversal Pattern on the DIA's Weekly Chart.
It can be either a continuation pattern or a reversal pattern.
Generally the longer the reversal pattern takes to develop, the more serious its implications.
Once the price closes below the neckline, the pattern confirms and the reversal pattern is in play.
Broadening Top: A reversal pattern marked by a succession of at least three generally higher highs alternating with successively lower lows.
This type of reversal pattern, usually occurring after an extended decline, begins to develop as demand overcomes supply (vice versa for tops).
Similar(45)
Trend reversal patterns, as the name implies, warn investors that a trend is likely to reverse.
The high point of an upward move or one of several recognized reversal patterns.
As shown in Figure 2 and Figure 3, both stocks are forming reversal patterns similar to XLF.
The head and shoulders pattern is a chart pattern considered by many technical and fundamental analysts to be one of the most reliable trend reversal patterns.
Water and gas reversal patterns have been detected via glass tube and quartz sand modeling, and the presence of critical geological conditions without buoyancy-driven mechanisms can thus be assumed.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com