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Example of cup and handle chart pattern. In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed first by a smaller drop and then a rise past the previous peak. [1]
Inverted Hammer A black or white candlestick in an upside-down hammer position. Considered a bearish pattern in an uptrend. Considered a bearish pattern in an uptrend. In a downtrend, it indicates a buying pressure, followed by a selling pressure that was not strong enough to drive the market price down.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis.
Candlestick charts are thought to have been developed in the 18th century by Munehisa Homma, a Japanese rice trader. [2] They were introduced to the Western world by Steve Nison in his book Japanese Candlestick Charting Techniques, first published in 1991.
On the technical analysis chart, the head and shoulders formation occurs when a market trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation. [1]
Kris Jenner is getting in the Christmas spirit with some sexy snaps. On Dec. 24, the famous momager, 69, shared a series of throwback pictures revealing her chic holiday style throughout the years ...
The Year Without a Santa Claus, a Christmas special from Jules Bass and Arthur Rankin, Jr., turns 50 this December. The beloved special was adapted from the book of the same name by Phyllis ...
The pole is 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 continuing its primary trend. [3] [4] The chart below illustrates a bull flag. A bear flag would trend in the opposite direction.