Patterns are the different forms formed by the price movements of a securities on a chart and are the basis of technical analysis. A pattern is recognized by a line linking common price points, such as closing prices, highs, and lows, throughout a specified time period. Technical analysts attempt to uncover patterns to forecast the future price movement of a security. These patterns can range in complexity from trendlines to double head-and-shoulders formations. 🔹 Revers
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3 Types of Price Charts and How to Read Them
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