Low price on point A, elevated volume, is confirmed by reviewing stochastic RSI where we can see stock is over sold, and this will create variation on pattern and add volatility . Same case works for point B, with a higher variation on price, and lower volume, but volatility is created, and stock is oversold. Point C, has a price increase, which confirms ...
Low price on point A, elevated volume, is confirmed by reviewing stochastic RSI where we can see stock is over sold, and this will create variation on pattern and add volatility . Same case works for point B, with a higher variation on price, and lower volume, but volatility is created, and stock is oversold. Point C, has a price increase, which confirms ...
- Beginning of a Lateral Pattern starts with an ascending uptrend, which makes up for the first resistance line (Resistance 1) - Prices Touches resistance, and starts a downtrend until it creates support bottom (Bottom 1) - Continues fluctuation until it breaks Resistance 1, creating Resistance 2. - New downtrend is created until next bottom ( Bottom 2) - Price...
Descending Triangle. MA confirms a slight downtrend, which forms a triangle pattern in point A Pattern breaks resistance, with a small pullback and continues the the downtrend.