Double bottoms are among the most
reliable chart patterns, although timing can vary tremendously among stock charts.
The goal in selecting the best stocks to buy (in a bullish market) is to achieve the perfect balance between volatility, liquidity, and
reliable chart patterns.
Scanning for
reliable chart patterns is obviously one of the most important factors that determines which stocks and ETFs we buy in the model portfolio of The Wagner Daily newsletter.
Read on to learn how to consistently choose only stocks with ample volatility, liquidity, and
reliable chart patterns (the «triad of trading profits»), which directly impacts your long - term trading gains.
However, over the years, I have found the head and shoulders to be one of the more
reliable chart patterns (but only in a weak or downtrending market).
Not exact matches
The cup and handle
chart pattern is popular because it is
reliable, easy to spot, and frequently occurring in the stock market.
One of our favorite
chart patterns is the cup and handle, a bullish
pattern that precedes some of the most powerful and
reliable breakouts.
But rather than seek the elusive holy grail of trading, we simply focus on mastering the nuances of the most basic, yet highly
reliable and profitable
chart patterns.
The authors reveal which
chart patterns and indicators have been
reliable; show how to test systems; and demonstrate how technical analysis can be used to mitigate risk.