price pattern, double top, double bottom, flag pattern, head and shoulder, cup pattern, TRIANGLE PATTERN AND THE CONDITION TO CONFIRM IT , entry, exit prices, stop loss for flag pattern, head and shoulders top, head and shoulders bottom.

  • : 1.CUP Pattern 2.Flag Pattern 3.Triangle Pattern
  • : Price patterns indicates the price movement of a share whereas Dow theory indicates the market trend
  • : What are the conditions to determine the bearish trend?: Two equivalent tops with minimum duration of 20 days with good volume. If the Volume is high and price is moving down the previous bottom, it is the bearish trend and we go for short.
  • : 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
  • : A 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.
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