Price patterns in technical analysis are:
1. Double Top and Double Bottom
2. Head and Shoulders and Inverted Head and Shoulders
3. Cup Pattern
4. Flag Pattern
5. Triangle Pattern
Dow Theory helps us understand whether the trend is positive or negative whereas Price Patterns tell us the quality and nature of the price trend. Dow Theory lacks the capability to explain the characteristics of the trend.
Price patterns give early signals (of price behaviour or movement) unlike Dow Theory.
, , Price Patterns, cup pattern, double top and double bottom, flag pattern, head and shoulders, triangle pattern
Hi,
your answers are brief and appropriate, will be useful to recall.
Your Question 1 ::The cup pattern formation takes at least minimum 1 1/2 year