Price patterns are trends that occur in stock charts used to forecast the prices. Deals with characteristics of trend.
Double Top – Two equivalent TOP with one month duration and high volume at the SECOND TOP and breakout at the previous BOTTOM.
Head and shoulder mainly happens during the DISTRIBUTION of stocks from strong hands.
CUP shape should be visible with line charts with longer duration.
FLAG – Rectangular shaped sideways movement can be considered as flag.
ENTRY PRICE – When it breakout the previous higher top.
EXIT PRICE -After the price movement reversed its direction.
STOP LOSS – Point where the breakout gap is filled.
TRIANGLE – Line chart pattern in the form of 5 waves should form a triangle shape while connecting the TOPS and BOTTOMS.
PRICE PATTERNS AND ITS SHAPES
feel free to call us +919500077790 info@eqsis.com
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
Bullish View
Bearish View
- Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
- FEDERAL BANK – BEARISH ENGULFING October 17, 2019
- Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
- Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
Hi,
your work is good.
Hi..Thanks for your continuous encouragement😊