Great resource of information, It was interesting to read an overview of the descending and rising wedges, this was an area that I have been struggling with for years.
Do you trade any of these, what is your favourite or most reliable setup?
I might be miscommunicating but what I mean is how is the double top/bottom different from the collection of signals in the image below (the ascending, symmetrical, triangle…) is it only a double top if it breaks through the initial support immediately?
A double top hits a certain resistance line twice and fails to break it. The triangle is made up of an ascending trend line and a descending trend line, Price is bouncing up and down getting smaller and smaller swings ( potentially squeezing )
Excellent charts. These show the buy and sell signals for swing trading.
Some folks might not know about the swing trading signals. These charts should help them a lot.
I’m glad you like it Kev!
https://open.substack.com/pub/vikopine/p/keep-trading-simple-and-profitable?r=ugt9y&utm_medium=ios
Great resource of information, It was interesting to read an overview of the descending and rising wedges, this was an area that I have been struggling with for years.
Do you trade any of these, what is your favourite or most reliable setup?
My favorite is the flag
How is the double top different from the triangles?
Is it just if it holds there for longer it becomes bullish (if it was a bearish double top) and bearish (from a bullish one)?
I might be miscommunicating but what I mean is how is the double top/bottom different from the collection of signals in the image below (the ascending, symmetrical, triangle…) is it only a double top if it breaks through the initial support immediately?
A double top hits a certain resistance line twice and fails to break it. The triangle is made up of an ascending trend line and a descending trend line, Price is bouncing up and down getting smaller and smaller swings ( potentially squeezing )
استعدادات مكثفة الطلب كبير راح اعمل عندك اوكي
افتتح يا ريىس
Short term investment okay
افتتح سترك حتى اكدر ادفع
السلام ، افتح شنو ؟ لو في أي استفسار ، ابعتلي خاص و شكراً
It’s a double top/ bottom if it fails to break the resistance/ support line twice. You can find double tops and bottoms inside certain patterns.