For the double bottom pattern, sell your stock at a target price of: The price drops below the middle-trough price. These three stocks are near major breakout points, which will affect the short-term, and potentially the long-term direction of the stocks. The price exceeds the middle-peak price.
Double/Triple - Bottom/Top
Learn the most common varieties of continuation patterns and how they work in market analysis. If your W or M pattern reverses for a fourth time, you could now be working with the profitable triple bottom or triple top. For triple bottom patterns, sell your stock at a target price of:
For the double top pattern, buy shares at a target price of: Now You Know The five most profitable stock patterns: If your W or M pattern reverses triple bottom in bond yields a fourth time, you could now be working with the profitable triple bottom or triple top. Greatly improve your forex trading by learning these commonly used forex chart patterns that provide entries, stops and profit targets. The price exceeds the resistance established by the prior peaks.
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