Trading patterns:
Head and Shoulder and inverse Head and Shoulder: These patterns indicate a potential reversal in the market, with the "head" being the highest point, and the "shoulders" being the points on either side at a slightly lower level.
Multiple top and bottom: These patterns indicate a range-bound market, with multiple highs and lows forming a horizontal range.
Horizontal support and resistance: These patterns indicate key levels at which the market has previously struggled to break through.
Ascending and Descending Triangle pattern: These patterns indicate a potential breakout in the market, with the upper trendline being resistance and the lower trendline being support.
Wedge up and down: These patterns indicate a potential reversal in the market, with the trendlines converging towards each other.
Channel up and down: These patterns indicate a strong trend in the market, with price moving within a well-defined upper and lower trendline.
Double top and bottom: These patterns indicate a potential reversal in the market, with the market hitting a high or low twice and then reversing.
Trend line support and resistance: These patterns indicate key levels at which the market is likely to experience support or resistance based on historical price action.
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