EQSIS PRO

PRICE PATTERN -6

CUP, FLAG AND TRIANGLE FORMATION IS CALLED PRICE PATTERNS. HEAD SHOULD BE LOWEST BOTTOM WITH BOTH SIDE BOTTOM WILL BE HIGHER THAN HEAD BOTTOM. GENERALLY THE VOLUME DURING THE LEFT SIDE SHOULDER SHOULD BE HIGHEST.
A STEEPER POLE WITH RECTANGULAR SHAPED SIDEWAYS MOVEMENT IS CALLED FLAG PATTERN. LESS TIME TO FORM, VOLUME IS EXPECTED TO INCREASE WHILE GIVING BREAKOUT.

Exit mobile version