In the following graph we can appreciate a symmetric triangle pattern. Also, we can see how it breaks the resistance line top and we can take a bullish position on the size of the base.
In the following graph we can appreciate an ascendant parallel channel. The different points marked with letters are the rebounds of the price in the channel making it a significant one because of the many points on it. We see a breaking on the support line, allowing us to enter with a bearish position after the break as shown.
In the following graph we can appreciate an ascendant wedge pattern that has not yet broken the support line. According to the pattern, which is a reversal pattern we can set a bearish position on the size of the base as shown with the green arrows. Note that the price should break the support line of the triangle before setting the position just to be sure of it...
In the following graph, we are using the Williams R% so we can determine the oversell and overbuy states. According to the lower graph, the overbuy areas are shown with the red circles and the oversell areas with green circles. Note that the oversell and the overbuys are accompanied with change in trends.
In the following graph we can see a symmetric triangle pattern. In this particular case we can see how it breaks it on the lower side, giving us an idea for a bearish position. Following this pattern we can set the buy to cover on the size of the base like all the triangle patterns.
In the following graph we can appreciate 2 ascending trending lines with several points of support.
In this graph we can also see lines of support and resistance. Lines 1 and 2 are purely support lines, while lines 3, 4 and 5 are resistance lines. Line 3 and 4 are interesting cases of a resistance lines turning into a support lines
In the following graph, there is 5 trend lines, where line 1, line 2 and line 3 are support lines and lines 4 and 5 are resistance lines. We can also appreciate how in line 1 and 2 on the D points that there's a break and a pullback indicating opportunities for trading bearish. Also in the line 3, we can see a small break on the D point indicating that we can go...
In the following graph we can appreciate an ascendant wedge pattern, this pattern is characterized for having higher highs and even higher lows on price. In this particular pattern we can see the reversal on the trend indicating that our position should be bearish, with our estimate on the on the profit indicated with the green arrow, which is the size of the...
In the following graph we can appreciate an ascending triangle, which is a continuation pattern. The trend at the point A, is an upward trend, and by the time the price breaks the resistance line on point D we can see how the trend keeps going upward. The recommendation in this pattern is a bullish one, setting the limit on the size of the base (depicted with the...
On this graph we look that the stock AAPL, with a MACD trend indicator. This trend indicator oscillates between 2 speeds, the slow (blue line) and the fast (orange line). For this graph, I took for the slow curve the value of 12 and for the fast one a value of 26. This indicator show us the change on the trend every time the lines cross and our position will...
In the graph we can see the Double Top pattern, a reversal pattern as shown with the red arrows, coming from an upward trend, setting the tops (point A and point B) on the resistance line. The breaking point (point C) is where we should put the short position setting the limit on the size of the breakout range (green arrows). What I recommend to do in this pattern...
In the following graph we can appreciate the Head and Shoulders pattern. This pattern is known for being a reversal pattern as shown coming from an upward trend in the first shoulder (point A), reaching the peak and the head (point C) and ending on a downward trend on the right shoulder (point B). Also the base of the pattern is known as the neck line. I recommend...
In the following chart we can appreciate a downtrend line that goes through the points A, B, C and D. This downtrend line is quite significative since it has 4 points that confirm it. We can also appreciate sub trends inside the downtrend, which is normal. On the D point, there is a breaking in the trendline, witch suggests that we can go bullish from this point...