💼 [Technical Tuesdays] - Reversal patterns In this video series, the presenter discusses reversal patterns in technical trading. There are two main types of reversal patterns: trend reversal and continuation. The most common reversal patterns include head and shoulders, triple top or bottom, spike or V formation, and saucer. Watch on YouTube now: https://pulse.ly/vh3jxtumc1 | CMTrading.com
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Rounding Bottom (Saucer) Chart Pattern A rounding bottom or a saucer is a chart pattern with a trough in the shape of “U”. The “U” is usually very rounded and with a flat bottom. The neck line of this pattern is determined by the high point preceding the U’s formation. The saucer is considered as a reversal pattern. As opposed to many chart patterns, the saucer does not have a specific theoretical price objective. #asktraders #trading #investing #forex #stocks #crypto #fx #ChartPattern #CFD #tec
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💼 [Technical Tuesdays] Saucer & V-Patterns In this Technical Tuesday session, Fred Razak discusses saucer and V patterns, which are extreme reversal patterns in trading. Highlights 🔄 Saucer patterns take longer to develop and have a significant breakout ⚡️ V patterns occur quickly and aggressively 📈 Both patterns have a neckline and rely on volume and time 💼 Saucers offer great trading opportunities 🌪️ V patterns are highly volatile and risky 💰 Saucers can be traded with a smaller portion
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