The overarching pattern in stocks that I have been following for years is called a megaphone pattern. It is simply a series of higher highs and lower lows. The S&P 500 traced out a large megaphone ...
XMR price declines 6%, but maintains bullish structural strength. Megaphone pattern hints at volatility before a potential explosive move The daily chart shows a rising channel, confirming a sustained ...
One of the most bearish patterns in the stock market is the megaphone pattern. Found more often in individual stocks than the broader markets, it is rare to see a megaphone in the S&P 500 (SPY) or ...
In detail, megaphone setups consist of a minimum of lower lows and two higher highs forming during a period of high market volatility. But, generally, these patterns consist of five consecutive swings ...