Understanding Price Patterns in Technical Analysis
In the world of finance, particularly in trading and investing, the strategy known as technical analysis plays a pivotal role. One of the most compelling aspects of technical analysis is the study of price patterns. These formations appear on commodity and stock charts and can offer investors predictive insights into market behavior. In this article, we'll explore some of the most widely recognized price patterns, such as the bearish Head & Shoulders, bullish Inverse Head & Shoulders, bearish Double Top, bullish Double Bottom, and various types of Triangles, Flags, and Pennants....