When to buy and Sell using Price Patterns?

[vignesh]

double top –  sell when breakout occurs

double bottom – buy when break out occurs

head & shoulder – sell when breakout occurs

inverted head & shoulder – buy when breakout occurs

flag pattern – buy when bullish breakout

-sell when bearish breakout

triangle pattern – buy when bullish breakout occurs

– sell when bearish breakout occurs

 

 

[NAMBITHURAI]

Double top indicates selling if it break out its bottom neck line.

Double bottom indicates buying if it break out its top neck line.

Head and shoulder pattern for creating short position while breaking down the neck line.

Inverted Head&shoulder indicates accumulation.

Flag pattern for creating long position if it breaks top neck line.

Triangle pattern- Short if breaks bottom neck line & buy if breaks top neck line.

Cup pattern – It indicates accumulation and long position can be created with this trend.

 

[HARI]

In  a price pattern when the price starts moving upward we should buy and should sell it off when this trend starts reversing. Likewise in a price pattern when the price starts moving downwards we should sell and buy when the trend starts reversing

[kumaravel r]

Have to buy or sell at break out point, that is usually the previous high or low after studying the price patterns

[C.S.Suresh]

Buy if it is inverted head and shoulder, double bottom and cup formation. sell if it is head and shoulder, double top

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