W pattern trading is also known as a double-top pattern or double-bottom pattern depending on the direction of the trend. The W refers to the physical shape that appears on the stock chart in this ...

Inside days can be contrasted with outside days when the day's candlestick chart goes past the bounds of a prior day's high and low. An outside pattern suggests increased market volatility.

In the bull flag pattern, the flag portion of the chart may exhibit a 'W' pattern within the flag, distinguishing it from a 'M' pattern, which could signal a more negative double top rather than a ...

Traders use stock charts and price patterns to get in and out of trading positions. ... What It Means in Trading, With Examples. Rate of Change Definition, Formula, and Importance. Moving Average ...

And we saw a crystal clear example of this pattern play out in the S&P 500 index, a pattern that was easily identifiable in advance and which offered an easy profit for nimble traders. The pattern ...

As in the example of the GBPUSD 4-hour chart above, expect price to retrace back to retest top of the pattern. Place a protective stop about four pips below the highest swing low within the pattern.