Use of price patterns for early indicators.
Double Top & Double Bottom indicators for accumulation & distribution patterns.
Head & shoulders for identifying strong hands distribution mode & exits.
Cup patterns for accumulation & bullish movements.
Flag pattern for onward price patterns in steep positive & negative trend.
Triangle pattern for identifying breakout during consolidation.

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    Answering to your question 1 :: what position for a failed flag pattern?
    Positions should be created only if there is a confirmed pattern.
    If the flag pattern is failed without high volume breakout and if there is no further confirmed pattern is visible, positions should not be created.

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