Chart Patterns

in upfundme •  5 days ago 

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Ascending Triangle (AT)

  1. Upper Up and Lower Flat

  2. Upper Flat and Lower Up

Ascending Channel (AC)
Higher Highs and Higher Lows
Upper and Lower Trendline both ascending

Reverse Head and shoulders (rH&S)
Three consecutive holes
First Hole and Third Hole (Shoulders) Higher than Second Hole (Head)


Descending Triangle (DT)

  1. Upper Down and Lower Flat

  2. Upper Flat and Lower Down

Descending Channel (DC)
Lower Highs and Lower Lows
Upper and Lower Trendline both descending

Head and shoulders (H&S)
Three consecutive humps
First hump and Third Hump (Shoulders) Lower than Second Hump (Head)


Converging Triangle (CT)
Lower Highs and Higher Lows (LHHL)

Do NOT enter when RSI 5,15,60 first all hit 30/70 and LO ended, second waves of LO possible to kill positions with further Liquidation Price

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