This module has helped understand the different price pattern that are encountered while doing technical analysis. The understanding of these price pattern will help the trader to take appropriate calls to garner profitable trades. The price patterns that we have seen in this module are a) Double tops which signals bearish trend at breakout, double bottom which is bullish. Head and shoulder which signal bearish trend on breakout, while inverse head and shoulder which signifies the bullish trend on breakout. There is the cup pattern which is accumulation sign and is bullish. The flag pattern which can be either bullish or bearish and triangle pattern which can be either bearish or bullish depending on the which side the breakout takes place. These patterns will help the trader in taking trades with knowledge and discipline.
, , Price Patterns, cup/rounding pattern, Double bottom, Double Top, flag and triangle pattern, Head and Shoulder, inverse head and shoulder, Price Patterns
