CONTINUATION AND REVERSAL CHART PATTERNS BASICS
CONTINUATION AND REVERSAL CHART PATTERNS BASICS
Two basic tenets of technical analysis are that prices trend and that history repeats itself.
An uptrend indicates that the forces of demand (bulls) are in control, while a downtrend indicates that the forces of supply (bears) are in control.
However, prices do not trend forever and as the balance of power shifts, a chart pattern begins to emerge.
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Two basic tenets of technical analysis are that prices trend and that history repeats itself.
An uptrend indicates that the forces of demand (bulls) are in control, while a downtrend indicates that the forces of supply (bears) are in control.
However, prices do not trend forever and as the balance of power shifts, a chart pattern begins to emerge.
Trading Course
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CONTINUATION AND REVERSAL CHART PATTERNS BASICS
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