WESTERN TECHNICAL PATTERNS – PART 4

  Flags and Pennants Flags and Pennants are short-term continuation patterns that mark a minor consolidation before the previous trend resumes. These patterns are usually preceded by a sharp advance

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WESTERN TECHNICAL PATTERNS – PART 3

  Falling Wedge The falling wedge pattern is a bullish reversal pattern which is wide at the beginning from the top of the range and contracts gradually as the price

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WESTERN TECHNICAL PATTERNS – PART 2

  Inverse Head and Shoulders An inverse head and shoulders pattern is formed after a downtrend. Its completion marks a reversal pattern and it is formed of three troughs, the

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