Price Patter Keywords

Price pattern is to know about the characteristics of Demand & Supply. Head & Shoulder forms about 3 months. a) Bearish during break out. b) Reversal of H & S – bullish during breakout. Double top & bottom forms about minimum 20 market days. a) Top form bearish during break out b) Bottom forms bullish during break out. CUP Pattern is for accumulation usually takes about 6 months to 2 Years. a) Form bullish during the breakout. Reversal of CUP is distribution usually short span of time. Bearish during break out. FLAG Pattern is formed in 4 to 7 days. Market with steeper pole forms a flag & Breakout with strong bullish. Buyer is Lavish in Buying. Triangle pattern usually forms in 1.5 Months. The wave forms triangle usually breakout in 70% shape. Breakout can be at either side Bulish ot bearish.