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The pattern derives its name from the fact that it is characterized by a contraction in price range and converging trend lines, thus giving it a triangular shape. [ 1 ] Triangle patterns can be broken down into three categories: the ascending triangle, the descending triangle, and the symmetrical triangle.
A rising or falling line is an uptrend or downtrend and Trix shows the slope of that line, so it's positive for a steady uptrend, negative for a downtrend, and a crossing through zero is a trend-change, i.e. a peak or trough in the underlying average. The triple-smoothed EMA is very different from a plain EMA.
A wedge pattern is considered to be a pattern which is forming at the top or bottom of the trend. It is a type of formation in which trading activities are confined within converging straight lines which form a pattern. It should take about 3 to 4 weeks to complete the wedge. This pattern has a rising or falling slant pointing in the same ...
Common gap – also known as an area gap, pattern gap, or temporary gap, tend to occur when trading is bound between support and resistance level on a short span of time and market price is moving sideways ("where the price trend...has been experiencing neither an uptrend nor a downtrend. Instead, the price activity has been oscillating between ...
The number of points (n), chords (c) and regions (r G) for first 6 terms of Moser's circle problem. In geometry, the problem of dividing a circle into areas by means of an inscribed polygon with n sides in such a way as to maximise the number of areas created by the edges and diagonals, sometimes called Moser's circle problem (named after Leo Moser), has a solution by an inductive method.
The Simson line LN (red) of the triangle ABC with respect to point P on the circumcircle. In geometry, given a triangle ABC and a point P on its circumcircle, the three closest points to P on lines AB, AC, and BC are collinear. [1] The line through these points is the Simson line of P, named for Robert Simson. [2]
A chord (from the Latin chorda, meaning "bowstring") of a circle is a straight line segment whose endpoints both lie on a circular arc. If a chord were to be extended infinitely on both directions into a line, the object is a secant line. The perpendicular line passing through the chord's midpoint is called sagitta (Latin for "arrow").
In geometry, the incenter–excenter lemma is the theorem that the line segment between the incenter and any excenter of a triangle, or between two excenters, is the diameter of a circle (an incenter–excenter or excenter–excenter circle) also passing through two triangle vertices with its center on the circumcircle.