Wedge-Wedge

 Wedge Bull Wedge In an uptrend, a trader may see a bearish or bullish wedge. Unlike triangles, wedges do not have a flat side. Both sides are tilted in the same direction. With a bullish (descending) wedge, local lows are updated. At the same time, the price in the range slows down. Therefore, on a rising chart, a bullish wedge looks like a small correction. The highs and lows of the wedge are approaching. Typically, traders open short positions after breaking through the upper boundary of the bullish wedge. bearish wedge A bearish (rising) wedge forms similarly to a bullish one. The difference is that local maxima are updated. The price in the decreasing range is slowing down. With a bearish wedge, a trend reversal or a subsequent correction is possible.

Голова и плечи-Head and shoulders

 Head and shoulders



Figure "Head and Shoulders"

Technical Figure "Head and Shoulders" - is formed at the highs of the price chart during an uptrend. Through points 1 and 2, the line of the base of the figure (the line of the neck) is drawn. The figure is considered fully formed only after the price closes below the bottom line of the figure.


After that, the price is expected to decline by at least the height of the pattern, which is measured as the distance in points from the pattern's high to the neck line. It is recommended to sell either immediately during the breakout of the base line of the figure, or after waiting for a rollback to it after the breakout.



Inverted head and shoulders figure

The "Inverted Head and Shoulders" pattern is formed at the lows of the price chart during a downtrend. Through points 1 and 2, the line of the base of the figure (the line of the neck) is drawn. This figure of technical analysis is considered to be fully formed only after the price closes above the bottom line of the figure.


After that, the price is expected to rise by at least the height of the pattern, which is measured as the distance in points from the low of the pattern to the neck line. It is recommended to buy either immediately during the breakout of the base line of the figure, or after waiting for a rollback to it after the breakout.