Shared Flashcard Set

Details

Technical Analysis Chart Patterns
Chart patterns for stock, forex, and cryptocurrency markets.
6
Finance
Not Applicable
02/04/2018

Additional Finance Flashcards

 


 

Cards

Term

Head and Shoulders

 

Indicates a reversal of the trend once completed.

 

The neckline is watched for potential breakout lower.

 

An Inverse Head and Shoulders is where the neckline is watched for potential breakout higher.

Definition
[image]
Term

Double Tops and Bottoms

 

Formed after a sustained trend and indicates a possible trend reversal.

 

Definition
[image]
Term

Triple Tops and Bottoms

 

Not as prevalent as Head and Shoulders or Double Tops and Bottoms, but are a similar indication of a trend reversal.

Definition
[image]
Term

Triangles

 

Shows a convergence of two trend lines and that a breakout is likely to occur. Direction is not indicated.

 

Occur frequently, and can form over weeks and months.

Definition
[image]
Term

Flags and Pennants

 

Short term indicator of consolidation following a sharp price movement.

 

Need more info about what happens next.

Definition
[image]
Term

Cup and Handle

 

Bullish pattern where an upward trend has paused, but may continue when the handle is formed. 

Definition
[image]
Supporting users have an ad free experience!