This is a reversal pattern that typically forms at the end of an uptrend. It looks like three peaks, with the middle peak (the head) being the highest, and the two outer peaks (the shoulders) being lower. When the price breaks through the neckline (a support level that connects the bottoms of the two shoulders), it is often seen as a bearish signal.Triangle:
This is a consolidation pattern that forms when the price moves between two converging trendlines. There are three types of triangles: ascending (which indicates a potential bullish breakout), descending (which indicates a potential bearish breakout), and symmetrical (which indicates a potential breakout in either direction).Cup and Handle:
This is a bullish continuation pattern that looks like a rounded bottom (the cup) followed by a small consolidation period (the handle). When the price breaks out of the handle, it is often seen as a bullish signal.Bullish Harami:
The bullish harami is a two-candlestick pattern that forms during a downtrend. The first candlestick is a large bearish candlestick, while the second candlestick is a smaller bullish candlestick that is completely contained within the range of the first candlestick. This pattern suggests that the selling pressure is decreasing, and the buyers may starting to gain control.Bearish Harami:
The bearish harami is a two-candlestick pattern that forms during an uptrend. The first candlestick is a large bullish candlestick, while the second candlestick is a smaller bearish candlestick that is completely contained within the range of the first candlestick. This pattern suggests that the buying pressure is decreasing, and the sellers may be starting to gain control.
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