USDCHF could be in for a reversal from its downtrend, as the pair formed a double bottom after making a couple of failed attempts to break below the .8750 minor psychological mark. The neckline ...
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns but it does have its limitations. Formation of the pattern seen at market tops: Formations are ...
As an example, double top and triple top patterns indicate a possible reversal. In a double top, a stock makes two peaks before reversing and heading lower. In a triple top, there are three peaks.
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