The POWERFUL REVERSAL Pattern You DON’T Know - Pipe Tops and Bottoms
1 year ago
20
technical analysis
stock market
trading
investing
chart patterns
stocks
pipe tops
pipe bottoms
pipe tops and bottoms pattern
pipe pattern
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Introduction: 0:00-0:18
Disclaimer: 0:18-0:22
The Pipe Pattern: 0:22-0:50
Pipe Top: 0:50-1:45
Pipe Bottom: 1:45-2:40
Chart Example: 2:40
The Pipe Tops and Bottoms pattern uses individual candlesticks to determine possible trading opportunities, which can occur on both daily and weekly charts. Yet, Pipe patterns on a weekly chart generally perform better than those on a daily chart.
It may seem similar to a Horn pattern as traders may execute trades based on levels of support or resistance.
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