Bullish Flag
A Bullish Flag is a short-term continuation pattern that appears after a strong price rally. It forms a small downward or sideways consolidation resembling a flag on a pole. Once the price breaks out above the flag, it signals a…
Triple Bottom
A bullish reversal pattern that forms when the price tests a support level three times but fails to break lower. This pattern signals strong buying pressure and a potential trend reversal from a downtrend to an uptrend. It is considered…
Doble Bottom
A W-shaped formation where price tests a support level twice at nearly the same level but fails to break lower. This pattern signals a potential trend reversal from a downtrend to an uptrend. It forms after a prolonged bearish trend,…
Double Top
A M-shaped pattern where price tests resistance twice at nearly the same level but fails to break higher. This pattern signals that buyers are losing strength, and a breakdown below support confirms a bearish trend reversal. Significance Suggests that strong…
Head and Shoulders
A three-peak formation where the middle peak (head) is the highest, while the side peaks (shoulders) are lower. This pattern signals a potential trend reversal from an uptrend to a downtrend. It forms after a strong bullish trend, and a…
Exponential Moving Average (EMA)
The Exponential Moving Average (EMA) is a variation of the Simple Moving Average (SMA) that gives more weight to recent price data. This makes EMA more responsive to price movements compared to SMA.
Simple Moving Average (SMA)
The Simple Moving Average (SMA) is a popular technical indicator that helps traders identify price trends. It calculates the average closing price of a stock or asset over a set number of days, smoothing out short-term price movements to make…
Heikin-Ashi Chart
The Heikin-Ashi chart (meaning "average bar" in Japanese) was developed by Japanese traders and is a modification of candlestick charts. It smooths out price action by averaging the price data over multiple periods. This makes trends easier to identify by…
Candlestick Chart
The candlestick chart originated in Japan in the 18th century, developed by Munehisa Homma, a Japanese rice trader. He used candlestick patterns to predict rice price movements based on market psychology. Each candlestick represents open, high, low, and close prices,…
Renko Chart
The Renko chart (from the Japanese word "Renga," meaning "brick") was developed by Japanese traders in the 17th century. It focuses only on price movements, forming new "bricks" only when the price moves by a set amount. Unlike traditional charts,…