EVERY TRADER SHOULD LEARN CHART PATTERNS AND ALSO IT IS USEFUL FOR ALL INVESTORS.
- Start practising chart reading and learn to trade and invest.
- The chart tells you where you should invest.
- The chart tells you stock is in an uptrend or downtrend.
- Learn chart patterns because it tells you the psychology of traders that are driving the stock.
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After the downtrend, this stock Broke Trendline and gave a good upside movement so find this type of setup in charts and take the trade with stop loss.
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This chart showing an Uptrend and making higher lows. So follow this trend and when the stock closes the below support line then sell with stop loss.IMAGE-3
In the 2nd chart, the stock gave breakout to Upside. You should always find a good trade area where your risk and reward ratio can be great.
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This is 3rd chart and it's making a good Bullish setup so wait for breakout then buy with stop loss. This type of chart pattern gives good movement.
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In the 4th chart, stock making higher high and after the Breakout zone stock taking support exactly at resistance area.
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Breaking the resistance area.
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Rounding Bottom, it shows stock can go up. buy after the breakout.
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this stock making higher lows and after that, it is sustaining at this level so that means it can go up. you can take the trade at this level with stop loss. this type of stock charts is good for swing trading.
Now you can see consolidation in this stock and after the breakout this stock zoom to the upside..
It's a bearish candle, Pinbar or pullback candle. After this candle stock came down.
In the bullish trading, this stock made a fake breakdown then move to the upside.
stock breakout after the resistance area then boom. stock does not go up or down in one direction, it is always moved in a zig zag way.
Break the bearish channel then breakout and gave great upside movement.
consolidation and then breakout. when the consolidation starts that means big players traping buyers and sellers.
this stock made a double top and then stock fall and making lower highs.
this stock is given a breakout. this is a symmetrical chart pattern.
this stock making higher lows and taking the support at Trendline. and this stock going to hit the upper trendline.
Flag chart pattern, its bullish chart. whenever you see this chart pattern then you can buy with stop loss.
it's a bearish trade setup. this stock broke the trendline so after the closing candle below the trendline then you can sell.
Bullish harami candlestick so after this stock shows an uptrend.
Bearish engulfing so we sold this stock and after few hour we got our target.
An inverted flag, it shows stock can fall. it's a bearish chart pattern.
so follow chart patterns it will give you the direction of the market.
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Thanks you.
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