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Chart Patterns: When the Market Is Changing Its Mind

Book Description

This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012) by Michael N. Kahn, CMT. Available in print and digital formats.

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How to recognize market turning points that are just about to happen, so you can profit--and avoid getting hammered.

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If some chart patterns are merely a rest stop for the market, others are turning points. If you already own a position in the market and one of these patterns form, it is probably time to consider selling. Here, you will learn to recognize these “reversal patterns”....