Hey balleroni, in fact, yes this is a real thing,
Post# of 36568
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Posted On: 09/28/2021 12:47:49 AM
Hey balleroni,
in fact, yes this is a real thing, in technical chat analysis (except for my spelling mistake though "mexican hat" not "mexican head", of course)
Here is an investopedia explanation at least for the double bottom formation (as far as I know "mexican hat" is just a synonym):
https://www.investopedia.com/terms/d/doublebottom.asp
How this helps!?
in fact, yes this is a real thing, in technical chat analysis (except for my spelling mistake though "mexican hat" not "mexican head", of course)
Here is an investopedia explanation at least for the double bottom formation (as far as I know "mexican hat" is just a synonym):
https://www.investopedia.com/terms/d/doublebottom.asp
How this helps!?
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