Top 10 trend reversal patterns in QQQ
10. Diamond bottom Bullish reversal, diamond-shaped pattern, upward breakout.
9. Diamond top - Bearish reversal, diamond-shaped pattern, downward breakout.
8. Triple bottom - Bullish pattern, price reaches same support level thrice.
7. Triple top - Bearish pattern, price reaches same resistance level thrice.
6. Falling wedge - Bullish pattern, downward price trend narrows, potential reversal.
5. Rising wedge - Bearish pattern, upward price trend narrows, potential reversal.
4. Inverse head and shoulders - Bullish reversal, opposite of head and shoulders, upward breakout.
3. Head and shoulders - Bearish reversal, resembles human head and shoulders, downward breakout.
2. Double bottom - Bullish pattern, price bottoms twice, signaling potential upturn.
1. Double top - Bearish pattern, price peaks twice, indicating potential downturn.
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