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File: 47 KB, 627x372, Triple Tops.jpg [View same] [iqdb] [saucenao] [google]
4365098 No.4365098 [Reply] [Original]

New to trading

>> No.4365181

>>4365098
Triple tops are chart patterns with decent performance in a bull market. The failure rate is higher than I like to see, but the average decline is reasonable. Thus, if you own a stock and the triple top confirms ( price closes below the lowest valley in the pattern), then consider selling immediately.

>> No.4365202
File: 80 KB, 803x640, Screen Shot 2017-11-14 at 3.30.57 PM.png [View same] [iqdb] [saucenao] [google]
4365202

so we can't confirm a triple top until we close below the dips?.. alright

>t.brainlet

>> No.4365209

Triple Top
This bearish reversal pattern is formed when a security that is trending upward tests a similar level of resistance three times without breaking through. Each time the security tests the resistance level, it falls to a similar area of support. After the third fall to the support level, the pattern is complete when the security falls through the support; the price is then expected to move in a downward trend.

>> No.4365233
File: 29 KB, 973x275, firefox_2017-11-14_22-33-13.png [View same] [iqdb] [saucenao] [google]
4365233

FUCK :(

>> No.4365254

triple top is a big sell signal, usually

but this is crypto and it might aswell just go 2x out of nothing

>> No.4365281
File: 171 KB, 900x1213, 1508361532017.jpg [View same] [iqdb] [saucenao] [google]
4365281

>>4365098
>meanwhile BCH is in a bullish consolidation pattern

save yourself before core shits away all your money

>> No.4365304

Will go down...entire marketcap must go down 50b for a correction.

>> No.4365313

Itt: Jesus fuck plz buy my cash bags

>> No.4365358

>>4365281
Is this the night of the nights where one knight might see light while the other will fight but in the end will have died?

>> No.4365397
File: 77 KB, 803x640, KISS.png [View same] [iqdb] [saucenao] [google]
4365397

>>4365098
>>4365202
Wait for the break to tell you the direction it will go.

>> No.4365401

>>4365254
this. never assume anything in crypto.

>> No.4365407

It's funny cause BTC is only one step close to die while cash can't die anymore therefore all bets are against core.. we just watch them make the deadly step