Search found 7 matches

by freeforex20
Wed Jul 03, 2019 10:13 pm
Forum: Trading Discussion
Topic: Bump and Run Reversal
Replies: 0
Views: 335

Bump and Run Reversal

Bump and Run Reversal The pattern was originally named the Bump and Run Formation, or BARF. Bulkowski decided that Wall Street was not ready for such an acronym and changed the name to Bump and Run Reversal. Bulkowski identified three main phases to the pattern: lead-in, bump, and run. We will exami...
by freeforex20
Thu Jun 13, 2019 1:08 pm
Forum: Economy
Topic: The Rounding Bottom
Replies: 1
Views: 92

The Rounding Bottom

The Rounding Bottom The Rounding Bottom is a long-term reversal pattern that is best suited for weekly charts. It is also referred to as a saucer bottom, and represents a long consolidation period that turns from a bearish bias to a bullish bias. Prior Trend: In order to be a reversal pattern, there...
by freeforex20
Tue Jun 04, 2019 10:00 pm
Forum: Trading Discussion
Topic: Rising Wedge and forex signals
Replies: 6
Views: 169

Rising Wedge and forex signals

Rising Wedge and forex signals The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope u...
by freeforex20
Fri May 31, 2019 8:19 pm
Forum: Trading Discussion
Topic: Falling Wedge
Replies: 1
Views: 243

Falling Wedge

Falling Wedge The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, fal...
by freeforex20
Sun May 26, 2019 12:36 pm
Forum: Trading Discussion
Topic: Head and Shoulders Top
Replies: 2
Views: 158

Head and Shoulders Top

Head and Shoulders Top A Head and Shoulders reversal pattern forms after an uptrend, and its completion marks a trend reversal. The pattern contains three successive peaks, with the middle peak (head) being the highest and the two outside peaks (shoulders) being low and roughly equal. The reaction l...
by freeforex20
Tue May 21, 2019 4:16 pm
Forum: Trading Discussion
Topic: Double Bottom Reversal
Replies: 4
Views: 252

Double Bottom Reversal

Double Bottom Reversal The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Note that a Double Botto...
by freeforex20
Sun May 19, 2019 1:57 am
Forum: Trading Discussion
Topic: Develop your Trading Plan
Replies: 3
Views: 378

Develop your Trading Plan

Develop your Trading Plan Sometimes there is a misconception that you need highly evolved market knowledge and years of trading experience to be successful. However, we often see that the more information we have the more difficult it is to create a clear plan. More information tends to create hesit...

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