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Price pattern is indicates the previous movement, ans its used to analyze the market trend for future.
The price patterns explains the demand and supply and also the nature and characteristic of the market with the entry and exit.
some of the major price patterns are double top and bottom, cup pattern ,flag pattern, head and shoulder, triangle pattern etc.,
Price pattern is indicates the previous movement, ans its used to analyze the market trend for future.
Price Patterns are formations which appear on commodity and stock charts shown to have a certain degree of predictive value. Some of the most common patterns include: Head & Shoulders (bearish), Inverse Head & Shoulders (bullish), Double Top (bearish), Double Bottom (bullish), flag pattern, triangle pattern, cup pattern.
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