We are pleased to announce a new release of Investar (Version 6.3), now available with Classical Patterns in charts and custom scans (with the Auto-Classical Patterns addon) and many other features/bug fixes:
What is a Symmetrical Triangle? A Symmetrical triangle is a Classical Pattern that occurs when a security’s price is consolidating in a way that generates two converging trendlines with similar slopes. If trendlines converge at different slopes they form a different chart pattern like a rising or falling wedge or an ascending or descending triangle.
What is Cup and Handle Pattern? Cup and Handle Pattern is a Classical Pattern which resembles a cup with handle, where the cup is in the shape of a ‘U’ or a rounding bottom and the handle is a price channel or triangle pattern drifting downward.
We are pleased to announce a new release of Investar Beta with support for Auto-Classical Pattern Scans.
Flag and Pennant Patterns are consolidation patterns that occur after a sharp advance or decline. Since it is a continuation pattern, the preceding trend continues after the Pattern is broken in the direction of the trend.
In this blog post, we will look at the importance of Rising and Falling Wedge Patterns which are important reversal Classical Patterns.
What is Head and Shoulders Pattern? The Head and Shoulders Pattern is one of the most reliable classical patterns in Technical Analysis. Also called a Head and Shoulders Top, it is a bearish pattern that consists of three peaks, with two outside peaks that are about the same height which form the Shoulders and the […]
Double Top and Double Bottom Patterns are powerful reversal patterns that indicate potential reversals from a prior trend.
Ascending and Descending Triangle Chart Patterns are an important tool in any Technical Analyst’s arsenal. They are generally continuation patterns that happen during a prior existing trend.