Charecteristics of various price Patterns
Charecteristics of various price Patterns
Importance of studying price pattern helps in predicting price movement on its re-occurrence under the same conditions. Double tops & bottoms, Triple tops and bottoms, Head & Shoulder pattern, Flag pattern, cup pattern, triangle shape pattern, etc. are some of the price pattern. Each pattern has its own defined criteria expected movement under certain conditions. Study of these pattern helps…
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