In any case, flexibility is required in interpreting these chart patterns. This is why support and resistance levels are sometimes zones rather than precise numbers. There is nothing magical about ...

There are numerous ways of identifying support and resistance, but many traders miss the values right in front of them. Humans think in ‘round’ figures and so do traders; price action can ...

Reversal chart patterns can be either bearish or bullish ... To trade these patterns, traders need to correctly identify the direction of the trend and establish support and resistance levels to see ...

Before getting into the intricacies of different chart patterns, it is important that we briefly explain support and resistance levels. Support refers to the level at which an asset’s price stops ...

Trendline support and resistance lines consider multiple points on a stock chart. Trendlines respond ... Traders can use these lines to search for patterns to estimate how a stock’s price ...

manusapon kasosod / Getty Images Stock chart patterns often signal transitions ... Trendlines help technical analysts spot support and resistance areas on a price chart. These are straight lines ...

The various triangle chart patterns are popular technical ... trend lines through the pattern’s upper resistance levels and lower support levels allows a triangle pattern and its type to be ...

Triple or double top and bottom chart patterns are exactly what they sound like; when prices ricochet off the same resistance (top) or support level (bottom) two or three times consecutively.

Several leading insurance companies are positioned near critical support and resistance levels that could trigger significant ...

As the name indicates, an ascending triangle on a chart forms when the price consolidates between a rising trendline support and a horizontal trendline resistance. The pattern typically appears ...