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Trading Chart Pattern

Trading chart pattern by akash kundur

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Redmi 3s
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0% found this document useful (0 votes)
33 views4 pages

Trading Chart Pattern

Trading chart pattern by akash kundur

Uploaded by

Redmi 3s
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
CUP & HANDLE PATTERN A cup and handle is a technical indicator where the price movement of a chart resembles a “tea cup” followed by a downward trending price pattern. This drop, or “handle” is meant to agit a buying epeet unl to buy a stock, breakout confirmed once it break neckline/resistance & goes upward INVERTED CUP & HANDLE PATTERN The inverted Cup and Handle pattern forms an upside-down cup and handle. The pattern is formed after a pullback from a swing low before a sell-off to the prior swing low and stalls due to ursertying support. The stock then stalls much like a bear flag with slight upward pressure before breaking down below support. ASCENDING TRIANGLE It is formed as a right-angled triangle with a resistance and a trendline of higher lows,resistance does not allow the chart to move more upward, higher lows show that the buying pressure has [Link] clearly indicates that the market moves higher as the higher lows are formed heading toward the resistance [Link] can break from any direction ee DESCENDING TRIANGLE It is formed in the downtrend and indicates the continuation of the [Link] asa downward sloping triangle with Support and a slope o lower [Link] does not allow the chart to move more downward, lower highs show that the selling Pressure has [Link] Clearly indicates that the market Moving lower as the lower highs are formed heading toward the Support line. it can break from any direction

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