In technical analysis, transitions between rising and falling trends are often signaled by price patterns. Some of the most common patterns include: Head & Shoulders (bearish), Inverse Head & Shoulders (bullish), Double Top (bearish), Double Bottom (bullish), Triangles and Flag pattern. Price patterns gives characteristics behind price movement. Dow theory shows the trend whether it is positive or negative but it does not say about the quality of the trend.
Saravanan Jothivengadam, , Price Patterns, cup pattern, Double bottom, Double Top, flag pattern, Head and Shoulder, price pattern, triangle pattern
Hi,
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