Stoploss.ch

Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Triple Top

Pattern Description:

A triple top is used to predict the reversal of a prolonged uptrend. This pattern is identified when the price of an asset creates three peaks at nearly the same price level. The three consecutive tops make this pattern visually similar to the head and shoulders pattern but, in this case, the middle peak is nearly equal to the other peaks rather than being higher. A break below support on high volume after the three tops have been formed is a reversal confirmation.
Triple Top

Featured Video

What is MetaStock?

This video provides a brief description of what MetaStock is and how it can help your trades.

Featured Article

The Pin Bar Candlestick Pattern

by Tim Straiton
Pin bars belong to the most high probability reversal candlestick patterns which exist.  Both bullish and bearish pin bars have a long wick and a very short body. A bullish pin bar should have opening and closing levels as close to the wick high as possible. Whether a close higher than the opening is ideal but of secondary importance. Look for the appearance of a bullish pin bar after a prolonged market decline. A pattern confirmation requires the following close to be higher than...
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Technical Review

Ripple - Is the period of consolidation over?

2025-01-02 by Tim Straiton

The price of ripple at the time of writing is 2.4110 and trading above the  50 day rising moving average of 1.9850 and also above the 200 day rising moving average at 0.9077. The descending triangle pattern currently defines support at 2.0050 and resistance at 2.5320.

The 14 day relative strength index suggests that current downside is limited, while the MACD - V indicator remains in the bullish sector and about to gain upside momentum. Fibonacci 61.8% upside projection target comes in at 3.51, based on the 2.9040 - 1.9230 range, while the 38.2% upside target is 3.278.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

VectorVest

Site Description:

The way to make money in any market is to buy low and sell high, and VectorVest makes it as easy as it can be. There’s no guesswork. No hunches. No opinions. Just factual, objective trend analysis. Our proven market timing system gets you into the market
http://www.vectorvest.com/