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Tagged: price pattern
Buy in bullish price pattern
Sell at bearish price pattern
Double top: short positions can be considered once price crosses previous low
Double bottom: Long positions can be considered once price crosses previous high
Head and shoulder: short position can be considered once price is down the neck line
Inversed Head and shoulder: Long position can be considered once price is up the neck line
CUP Pattern: once it is identified, consider long position since accumulation has happened
Flag pattern: long position can be considered once price is crossed the previous high in flag
Triangle: Long position can be considered once price is crossed the previous in triangle.
a head and shoulder – short position
inverted head and shoulder- long position
double tops – short position
double bottoms- long position
flag – according to the poles trend
triangle – according to the break out ..
Bullish the stock price that time for buying the stock
Bearish is the stock price that time for selling the stock is using the price pattern.
depending on the price pattern formed the buy & sell position change..eg in the price pattern of double top create the short position..
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