4 minute read

The inverse head and shoulders pattern is a technical analysis formation that signals a reversal of a downtrend into an uptrend. It consists of three distinct troughs (or “lows”) and a resistance level known as the neckline.

by Brett Simba

4 minute read

A rising wedge pattern is a technical chart pattern characterized by converging upward-sloping trend lines. This formation often signals a weakening momentum in the current bullish trend, frequently leading to a reversal to the downside. It occurs when price movements form higher highs and higher lows, but the range between highs and lows narrows.

by Brett Simba