Stock market patterns are an essential tool for investors and traders to identify trends and make informed decisions. These patterns can be identified through technical analysis, which involves studying historical market data, including price and volume, to identify patterns that may repeat in the future. In this blog post, we will discuss the five most …
What is Symmetrical expanding triangle pattern? Symmetrical expanding triangle pattern is a chart pattern used by traders in technical analysis. It is a neutral chart pattern, which means it can be a either reversal pattern or continuation pattern depending on the breakout.The price action hits resistance level or support level, creating small highs and lows …
What is Symmetrical Contracting triangle pattern? Symmetrical contracting triangle pattern is a chart pattern used by traders in technical analysis. It is a neutral chart pattern, which means it can be a either reversal pattern or continuation pattern depending on the breakout.The price action bounce back from resistance and support level and consolidates towards the …
What is Ascending wedge pattern? An Ascending Triangle pattern is a neutral chart pattern used in technical analysis of stock price in stock market. The pattern predicts either the reversal of the trend or continuation of the trend. The price action moves sideways towards the triangle peek, between resistance level and support level. The Price …
What is a Descending triangle pattern? A Descending Triangle pattern is used in technical analysis of stock price in stock market. It is a neutral pattern, means the pattern can indicate the reversal of the trend or continuation of the trend. The price action moves sideways towards the triangle peek, between resistance level and support …
What is Inverse Cup and handle pattern? Inverse Cup and handle pattern is a stock market pattern, which helps to identify the continuation of the bearish trend. Traders use this pattern to do technical analysis of price action in stock market.The pattern is called the Inverse cup and handle because it resembles the cup with …
What is Cup and handle pattern? Cup and handle pattern is a stock market pattern, which helps to identify the continuation of the bullish trend. Traders use this pattern to do technical analysis of price action in stock market.The pattern is called the cup and handle because it resembles the cup with a “U” shape …
What is Bullish Symmetrical pattern? A bullish symmetrical pattern is a continuation pattern. The pattern forms during an upward trend, when the resistance level and support level converge at a single point knows as apex.Traders use this pattern in technical analysis of stock market patterns. The pattern is used to identify the continuation of the …
What is Bearish Symmetrical pattern? A Bearish symmetrical pattern is a continuation pattern. The pattern forms during a downward trend, when the resistance level and support level converge at a single point knows as apex.Traders use this pattern in technical analysis of stock market. The pattern is used to identify the continuation of the Bearish …
What is Bullish pennant pattern? A bullish pennant is a type of continuation pattern, which forms in upward trend. Most traders use this pattern in technical analysis of stock market.It forms when there is sharp rise in price, followed by a consolidation period of trend lines converging into an Apex point which is called the …
