importance of price patterns in stock trading is learnt with respect to its types.
devanand, , Price Patterns, . flag patterns and triangle apttern, cup pattern, Double top bottom, Head and Shoulder
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importance of price patterns in stock trading is learnt with respect to its types.
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Hi sir,
Answering to your Question 1 :: explain long position in cup pattern?
Long Position can be created after the spike in the end Cup pattern
Answering to your Question 2 :: explain about breakout in triangle pattern and long / short?
1. The Triangle is expected to give breakout around 70% of triangular area and it will be a powerful breakout when it happens with good volume.
2. Breakout can appear either bullish or bearish Long Position or Short Position can be created according the breakout trend.