Price patterns is the configuration of price movement and trend and it also gives the characteristics of the trend and early indicators of price movement. When the price falls down at a same point twice giving two equivalent tops with a minimum period of 1 month. it is Double top. when the volume is high during the second top (rjght top) or when crossing the neck line, it is an indication of bearish trend. Double bottom is just the opposite of the double top with a minimum period of 1 month. and is indicative of bullish trend. Head and Shoulder is formed when there are three tops and the middle top is higher than the other two. when the price goes below the neckline it is an indication of bearish trend. inverted H&S is an accumulation pattern. the minimum period should be 3 months just like the head and shoulder and it is an indication of bullish trend and a long position is suggested. The cup pattern is an indication of bullish continuation. Flag patern is formed when a steep pole of 70-80 degree is formed followed by a sideway movement. to qualify as a perfect flag the slope should be steeper and a rectangular price pattern should happen within a period of 3 to 7 days with a low volume. the breakout is expected in the same direction. The long position should be created at the breakout point. Exit price should be set when the trend reverses and stop loss at the bottom of the flag. A triangle pattern is formed when bot the buyer and sellers are aggressive.in a triangle the breakout can happen at any direction and high volume is required in the breakout.