Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...

Notice the similarity between this technical analysis pattern and the bullish and bearish rectangles. Imagine you enter into a position at what you think is the beginning of a reversal with a double ...

Technical analysis can make you money. Here are 10 of the most dependable stock chart patterns to know.

Bullish charting patterns utilized by technical analysts include ascending triangles, double bottoms, and cup and handles.

Learn how to identify and trade key chart patterns like head & shoulders, triangles, and flags. Gain confidence with pattern-based setups, confirmations, and risk management strategies.

But if technical analysis is viewed through the prism of psychology, it becomes much easier to understand. As an example, double top and triple top patterns indicate a possible reversal.

Technical analysis highlights • Failed breakout attempt at the $3.22 resistance level, followed by consistent selling pressure. • Accelerated selling with above-average volume.

During a recent TradeGateHub Live Trading session, the coach analyzed the EUR/USD currency pair, noting the formation of a potential double top pattern.

Now, let's take a look at the technical analysis pattern I mentioned earlier. It's called a golden cross, and Amazon entered this pattern about a month ago.