Flag triangle pattern are good indicators for buying and selling the stock.Dow theory can be used for demand and supply.
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Hi sir,
This will be appropriate answer for the question What is rounding bottom / Cup pattern? What are their conditions to determine the bullish trend?:
Cup / Rounding Bottom pattern – Price pattern – Gradual buying of stocks by strong hands. 1. Cup shape is formed in the long run 2. Duration to form cup pattern is 2 years 3. The volume should be low through out the pattern. Long Position can be created after the spike in the end Cup pattern