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Indicates trend changing. If it appears in bullish pattern the trend will be bearish. <span style=”line-height: 1.5;”>If it appears in bearish pattern the trend will be bullish.</span>
during this period the traded volumes should be high.
it was introduced by japanese people. trader uses this chart to predict the price
even though there are lot of charts candlestick pattern is more powerful than other charts. it gives entire data about the stocks like open, close, high, low prices for both intra, weekly, monthly traders.
it takes six months
create long position when cross the previous top.
volume is less during cup pattern
There is no correlation b/w market and shares.
it needs minimum 1.5 month data to predict
breakout expected around 70 % zone
high volume should be in during breakout.
it takes only 4 to 7 days to form
volume is very low in this pattern
This is created when there is a minor profit booking in either an uptrend or a downtrend.
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