The price patterns in technical analysis are the indications or signals of trends in fall or rise in the prices of stocks. It is generally shown with the help of trend lines or curves on the graph. They are broadly divided into two categories i.e a continuation pattern and the reversal pattern.Under the continuation pattern we have the CUP pattern, the flag pattern and the triangle pattern.Under the reversal pattern it can be classified as Head and Shoulders, double tops and double bottoms. In the case of continuation trend, the upward trend or the downward trend is expected to keep up even after the breakout period and vice versa in the Reversal Pattern.
, , Price Patterns, CUP, Double Bottoms and Head and Shoulders, Double tops, flag, Price Patterns, triangle
