A price pattern is a recognizable configuration of price movement that is identified using a series of trendlines and/or curves.

  • : A price pattern is a recognizable configuration of price movement that is identified using a series of trendlines and/or curves.
  • : Dow theory explains the movement of the trend with respect to demand and supply. price patterns not only tells us about the trend but also shows us different patterns to know where the price is going to move in the near future.
  • : Double top is two equal tops where point B or C should be High. Duration between point A & B should be min. 20 days - 1 month. For bearish trend , the volume will high when coming down in the second top and breakout at previous bottom.
  • : Double bottom is two equal bottoms where point B or C should be High. Duration between point A & B should be min. 20 days - 1 month. Bullish trend- high volume at the second bottom or the neck line and trend goes up above the neck line.
  • : This pattern occurs on the chart when the stock/index price hits its peak and declines thereafter. Then the price rises above the previous peak and declines. Volume is high at left shoulder and low at the right shoulder.
  • : The line chart pattern appears to be inverted head and shoulder,i.e shoulder, head(with lowest bottom) and a shoulder formation is called inverted head and shoulder. volume is high at left shoulder and low at right shoulder and the trend move forward above the neckline.
  • : In Rounding bottom cup pattern the volume is expected to be as low as possible. A Cup pattern resembles the shape of a cup on a chart and it is a bullish continuation pattern where the upward trend has paused and traded down, but will continue in an upward direction upon the completion of the pattern. The bullish trend can be confirmed once it breaks the two peaks of the cup with significant volume.
  • : Flag pattern is a technical charting pattern that looks like a flag with a pole. It should have: a steep pole of 75 – 80 degree should be formed rectangular price movements should happen for 4-7 days volume should be lower during the range area flag should not drift lower
  • : Entry price should be just after the break out Exit price should be just after the price movement has reversed the direction Stop loss at the point where the breakout gap is filled
  • : A triangle is a continuation pattern on a chart that forms a triangle-like shape. · The triangle area should be minimum 1.5 months. Triangle can breakout in any direction but high volume during breakout.
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