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Selected Chart Pattern

Price Channel

Pattern Description:

A price channel is a continuation pattern that slopes up or down and is bound by an upper and lower trend line. The upper trend line marks resistance and the lower trend line marks support. Price channels with negative slopes are considered bearish and those with positive slopes bullish. A price channel can also be described as a technical overlay that forms boundaries above and below the price line based on previous highs and lows.

Price Channel

The Elasticity2 System for Metastock

The Elasticity2 System for Metastock

Your chance to make consistent profits in the Crypto, Forex and Stock Markets! The Elasticity 2 Trading System addresses traders' demand for an easy-to-use trading concept that delivers a relatively high win-to-loss ratio and triggers trading signals in the direction of the current trend. It also indicates a protective stop loss and a suggested profit target on every trading signal generated. The Elasticity 2 Trading System is accompanied by a convenient template that displays stop loss levels, profit target levels, and the 29-period moving average. This comprehensive tool provides all the necessary information at a glance, making your trading experience more efficient. .


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