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    Chart Patterns

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    Khalil Akram
    Support and resistance levels are price points where buyers and sellers congregate, creating a floor or ceiling for the price. The head and shoulders pattern is a chart formation that predicts a trend reversal, consisting of three peaks with the middle peak being the highest. Double bottoms and double tops are reversal patterns formed by two troughs or peaks at roughly the same price level, signaling a potential trend change.

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    Chart Patterns

    Uploaded by

    Khalil Akram
    13 views2 pages
    Support and resistance levels are price points where buyers and sellers congregate, creating a floor or ceiling for the price. The head and shoulders pattern is a chart formation that predicts a trend reversal, consisting of three peaks with the middle peak being the highest. Double bottoms and double tops are reversal patterns formed by two troughs or peaks at roughly the same price level, signaling a potential trend change.

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    Support and resistance levels are price points where buyers and sellers congregate, creating a floor or ceiling for the price. The head and shoulders pattern is a chart formation that predicts a trend reversal, consisting of three peaks with the middle peak being the highest. Double bottoms and double tops are reversal patterns formed by two troughs or peaks at roughly the same price level, signaling a potential trend change.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    13 views2 pages

    Chart Patterns

    Uploaded by

    Khalil Akram
    Support and resistance levels are price points where buyers and sellers congregate, creating a floor or ceiling for the price. The head and shoulders pattern is a chart formation that predicts a trend reversal, consisting of three peaks with the middle peak being the highest. Double bottoms and double tops are reversal patterns formed by two troughs or peaks at roughly the same price level, signaling a potential trend change.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    Support and Resistance:

    Head and Shoulders:


    Double Bottoms and Double Tops:

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