In technical analysis, transitions between rising and falling trends are often signaled by price patterns. By definition, a price pattern is a recognizable configuration of price movement that is identified using a series of trendlines and/or curves. When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause.
Manoj Kumar, , Price Patterns, double top double bottom, flag, Head and Shoulder, inverted head and shoulder, price pattern, triangle
Hi,
Your Question 1 :: Entry price, exit and stop loss in Flag?
Your entry should be just above the breakouts of the consolidation
Set a stop loss just below the flag formation
Your target should be based on the height of the flag
My Question 2 :: Volume for triangle pattern?
Breakouts to the upside or downside, there must be a significant increase in volume to confirm the breakout.