1.double top.
2.double bottom.
3.flag pattern.
4.triangle pattern
Price patterns indicates the price movement of a share where Dow theory indicates the market trend.
Two equivalent tops with minimum duration of 20 days with good volume.
point B or point C should be high.

  • : 1.double top. 2.double bottom. 3.flag pattern. 4.triangle pattern
  • : Price patterns indicates the price movement of a share where Dow theory indicates the market trend.
  • : Two equivalent tops with minimum duration of 20 days with good volume. point B or point C should be high.
  • : Two equivalent bottom with minimum duration of 20 days with good volume. If the Volume should be high after the second bottom. Price goes up above previous top shows bullish trend and we go for long buy.
  • : Head and shoulder is the pattern to determine the price. Right shoulder volume should be low as possible and if position is breaking down the neck line we can determine bearish trend
  • : It is a significant rally prior to Head and shoulder structure indicating trend reversal. When the volume is high and if it crosses above left shoulder and the prices goes in steep way, we can determine bullish trend
  • : Rounding bottom or cup bottom takes long time to construct. During rounding bottom volume should be low. Bullish will maintain the volume and accumulation of stocks will be gradual
  • : steeper pole pattern with rectangular shaped sideways. It takes 4-7 days. Generally sellers will not actively participate and suddenly volume is expected to be more during break out.
  • : Entry must be above the rectangular trend positive side, Exit price must be equally risk, reward and stop loss .Entry price should be just after the breakout Exit price should be just after the price movement has reversed its direction Stop loss should be at the point where the breakout gap is filled.
  • : When both buyers and sellers are aggressive triangle pattern is formed. The triangle area should be minimum of 1.5 months. Breakout is around 70% zone and volume is required to confirm the breakout.
  • : What should be Entry price, Exit Price and Stop loss
1 Comment
  1. Naresh 8 months ago

    Hi,
    This is an appropriate trade plan for bullish flag pattern:-
    Your entry should be just above the breakouts of the consolidation range
    Set a stop loss just below the flag formation
    Your target should be based on the height of the flag

    Trade plan for triangle pattern-
    Entry Price = Breakout point just above the upper trend line for buying and break down point just below the trend line for short selling.
    Exit Price = the height of a triangle at its base or widest part from the entry point.
    Stop Loss = just outside the pattern on the opposite side from the breakout point. For example, if buying an upside breakout, place the stop loss just below the lower trend line and if going short on a downside break out, place a stop loss just above the upper triangle trend line.

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