Modern materials - fiberglass, carbon fiber and composites - are constantly expanding the possibilities of fishing tackle. They allow you to create tackle that combines the required length, elasticity, strength and low dead weight. Until now, our compatriots can be found bamboo and even wooden rods. But the time of wooden rods is gone, they are not able to compete with modern materials. What are composite materials? These are materials that are used in various combinations (compositions) of high-strength plastic and fiber materials. Rods are made of fiberglass, carbon fiber, boron fibers, high and low modulus graphite and some other materials. Nowadays, you can buy a rod for almost every taste: from cheap fiberglass "telescopes" to high-end pole rods made of high modulus graphite. Fiberglass telescopic rods remain in the hobbyist's arsenal due to their low price and satisfactory strength. Their disadvantages are their large (compared to graphite and composites) weight, ...
Double top and double bottom-Двойная вершина и двойное дно
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Double top and double bottom
These figures of technical analysis are formed after an upward or downward movement, they signal the end of a trend and an upcoming correction or reversal.
The head and shoulders pattern consists of three peaks. The middle (head) is the highest, the peaks along the edges (shoulders) are approximately at the same level. Entry into a position is possible when the neckline is broken or when the price is tested after the breakout. In a downtrend, the pattern is mirrored.
A double top is formed in the same way as a triple top. The key difference is that the support line is broken after the second peak. Traders are looking for entry points after the breakout of the level or its subsequent testing.
The "Double Top" pattern is formed after an upward movement at the local maximum of the chart. It consists of two consecutive peaks on the price chart, through the minimum between them (point 1) a horizontal support level is drawn - the figure's base line.
After the price breaks through the base line, the "Double top" technical figure is considered formed, sales are recommended. The purpose of working out is to reduce the price from the base line of the figure by the value of H - the height of the figure in points.
Figure "Double bottom"
The "Double bottom" pattern is formed after a downward movement at the local low of the chart. It consists of two successive troughs on the price chart, through the maximum between them (point 1) a horizontal resistance level is drawn - the figure's base line.
After the price breaks through the base line, the "Double Bottom" technical figure is considered formed, purchases are recommended. The purpose of working out is to increase the price from the base line of the figure by the value of H - the height of the figure in points.
Graphic patterns "Triple top", "Triple bottom"
Technical figure "Triple top" - the pattern is formed at the highs of the price chart after the previous uptrend. It consists of three consecutive peaks on the price chart, which are approximately at the same level. Through two minimums located between them (points 1 and 2), the line of the base of the figure is drawn, which can be horizontal, or have a slight slope up or down. The Triple Top pattern is considered formed after the price closes below the pattern's base line. It is recommended to sell from the base line of the figure, with the expectation that the price will decrease by the height of the figure H.
Figure "Triple bottom"
The Triple Bottom pattern is formed at the lows of the price chart after the previous downtrend. It consists of three consecutive bottoms on the price chart, which are approximately at the same level. Through the two maximums located between them (points 1 and 2), the base line of the figure is drawn, which can be horizontal, or have a slight slope up or down. The figure of the technical analysis "Triple bottom" is considered to be formed after the price closes above the line of the figure's base. It is recommended to buy from the base line of the figure with the expectation of a price increase by the height of the figure H.
