PRICE PATTERNS in technical analysis
Double top /Double bottom pattern
head and shoulder pattern
cup pattern pattern
flag pattern
triangle pattern
DOUBLE TOP
Two equivalent seller / supply zone in minimum one month.
DOUBLE BOTTOM
Two equivalent buyer/demand zone in minimum one month.
HEAD AND SHOUDER
It is a distribution/ accumulation pattern.
CUP PATTERN
It is the accumulation pattern
ie., buying takes place gradually.
FLAG PATTERN
It is a characteristic pattern.
It appears in early stage.
TRIANGULAR PATTERN
It is the strongest pattern which indicates the trend

  • : Double top /Double bottom pattern head and shoulder pattern cup pattern flag pattern triangle pattern
  • : Dow theory deals the trend of market Price patterns deals the nature, characteristic and qualitative
  • : Two equivalent seller / supply zone in minimum one month. CONDITION: duration should be minimum one month between equivalent tops Volume should be high at second top create SHORT position when crossing neck line.
  • : Two equivalent buyer/demand zone in minimum one month. CONDITION: duration should be minimum one month between equivalent bottoms create LONG position when crossing neck line.
  • : It is a distribution/ accumulation pattern. ie., selling in short period TO recognize Duration should be 3 months High volume at left shoulder. Low volume at right shoulder. SHORT position can be created below its neck line.
  • : It is a distribution/ accumulation pattern. Duration should be 3 months LOW volume at left shoulder. HIGH volume at right shoulder. LONG position can be created below its neck line.
  • : It is the accumulation pattern ie., buying takes place gradually. CONDITION; cup pattern should be visible. The correlation of arket movement should be low. Lackluster volume should be in roundinf bottom LONG position should be created when it is getting filled.
  • : It is a characteristic pattern. It appears in early stage. PERFECT FLAG Spot the stepper trend-->pole rectangular price movement is expected. volume should be low Break out on same side Long position can be created after breakout.
  • : ENTRY PRICE-break out of the pattern. EXIT PRICE - equal to the stop loss.
  • : It is the strongest pattern which indicates the trend consolidation. it takes minimum 45 days. volume should be high while break out
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