A price level where selling interest overcomes buying pressure, halting an upward climb and turning the price downward.
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: Demand vastly exceeds supply, propelling the price into a defined uptrend marked by higher highs and higher lows. A price level where selling interest overcomes buying
: Analysis of pin bars, inside bars, and engulfing bars for high-probability signals. Chart Patterns : Strategies for trading Head & Shoulders Double Tops Risk Management : Practical techniques for Position Sizing , placing initial and trailing Stop Losses , and maintaining a trading journal. Psychology Chart Patterns : Strategies for trading Head &
: Price pushing beyond a key level on low, declining volume suggests a false move that will likely reverse.
These patterns suggest that the market is taking a temporary breather before resuming its primary trend.