Price Patterns: Reversal and Continuation

There are two main price patterns:

1) Reversal Patterns- Indicates that the trend will reverse. A few of the most common reversal patterns include:

a. Head and shoulders

b. Double tops and bottoms

c. Triple tops and bottoms

2) Continuation Patterns- The trend pauses for awhile but it resumes. A few of the most common continuation patterns include:

a. Triangles (1), Triangles (2)

b. Rectangles (Coming Soon!)

c. Flags and Pennants (Coming Soon!)

Tags: continuation patterns, double tops and bottoms, flags, head and shoulders, price patterns, rectangles, reversal patterns, triangles, triple tops and bottoms

This entry was posted on Wednesday, August 26th, 2009 at 10:12 pm and is filed under Learn The Stock Market, Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.