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<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Price patterns are the characteristics and analysis of the previous price movements which helps us predict the next movement.</span>
Price patterns are previous price movements of a stock which can be analysed to determine its future movements. Dow theory is the basis of price patterns. They are used to understand the characteristics of a market trend.
Price Patterns, explains the movement of a particular Stock based on this there are different price patterns, Cup, Double Bottom, Double Top, Head and Shoulder, Inverse Head and Shoulder,Triangle pattern. It is mostly used in short term trading.
to determine the movement of the stock price using previous stock price movmentes
<span style=”font-family: arial; font-size: 15px;”>Price patterns are certain patterns which appear on stock charts which helps us predict the price movement, thus helps us trade. To name a few ; Double Top, Double Bottom, Triangle, Flag , Head and shoulder.</span>
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