Rectangular sideways movement after a steeper down pole is seen thus forming a flag.After the flag negative breakout is seen thus it is considered to be bearish flag.Volume during the breakout is high.Time taken
Hanging man with very long upper tail and very small lower tail is formed after a strong bullish trend.Volume that the day of hanging man formation is very high, thus indicates strong resistance zone.Short
Breakout gap noticed after a sideways price movement.The gap is formed in Non- Trending zone and it is not filled in near future.Since the gap is not filled, it shows the bears are strong.Short position can be considered.
The recent fall in price is witnessed.The latest bullish body covered the previous day’s bearish body.A slight increase in the traded volume is witnessed.In spite of continuous fall in the price, a green body
The recent raise in price is witnessed.The latest bearish body covered the previous day’s bullish body.A slight increase in the traded volume is witnessed.In spite of continuous increase increase in the price, a
5 Wave corrective pattern formed a triangle shaped structure.Triangle breakout is around 70% zone.Volume traded is above average in the breakout zone.Long position can be considered after the positive breakout zone.
A steeper pole is seen. Rectangular shaped sideways movement is formed after the steeper pole. Thus a FLAG is formed.Positive pole flag gave a positive breakout.Volume is also increased during the breakout
Two equivalent tops are found.Volume traded at both point B( Top 2) and point C(point below previous low) is above average.Duration between two top are around 6 months.Short position can be created below
Two equivalent bottom are seen.volume traded is high both in point B( 2nd bottom) and point C(level equal to previous top).Duration between the two bottom is more than six months.Long position can be considered
Day trading is speculation in securities, specifically buying and selling financial instruments within the same trading day, such that all positions are closed before the market closes for the trading day. Traders
Technical Indicators are often squiggly lines found above, below and on-top-of the price information on a technical chart. Indicators that use the same scale as price are typically plotted on top of the price bars
Gaps occur unexpectedly, which is why no trading occurs between the two price bars. From one day to the next the perceived value of the asset among investors has changed. Because they are unexpected, gaps can be
Candlestick shows the opening price, closing price, highest trading price and lowest trading price of the stock on that particular day. Based on these 4 prices, candle sticks can form various patterns like
Price pattern is a pattern within a chart when price are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a
Dow theory is a theory which says the market is in upward trend if one of its averages (industrial or transportation) advances above a previous important high and is accompanied or followed by a similar advance in