As the trend lines get closer, the price bounces between them, coiling up like a spring, which leads to an eventual breakout. A wedge is a typical chart pattern defined by two converging trend lines. This article will teach you about finding bullish and bearish wedges and choosing a trading strategy to apply. Traders are [...]

It should be noted that this pattern does not guarantee a reversal in direction. I will show you the techniques to harness this pattern’s reliability and accuracy to improve your trading. Essentially, this pattern is a consolidation that indicates a pause in upward momentum. It can either resolve to the upside or downside depending on [...]

You can see how the projected triangle depth measurement becomes a very accurate profit target. We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. We realize that everyone was once a new trader and needs help [...]

Secondly, draw a horizontal support trendline from left to right that connects the swing low prices of the pattern together. Start with the lowest swing low point on the pattern's left-hand side and join it with the other swing low points together horizontally. Once you identify the lower volume, simply measure the distance from the [...]

Despite being a continuation, traders should look for breakouts before they make a move to buy or sell. Liberated Stock Trader, founded in 2009, is committed to providing unbiased investing education through high-quality courses and books. We perform original research and testing on charts, indicators, patterns, strategies, and tools. Descending Triangle Pattern Scanners Traders should [...]