Discover and read the best of Twitter Threads about #Dead_Cat_Bounce
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I am going to read a book about chart patterns. I will share some patterns and their concepts in this thread.
I hope this will help you to increase your knowledge. ๐๐
So let's start #Megathread_ChartPatterns
I hope this will help you to increase your knowledge. ๐๐
So let's start #Megathread_ChartPatterns
Day 1 Dt 12 July
๐Types of #Broadening_Patters
- Ascending/Descending
-Top/Bottom
๐Identifying patterns
-Shape wid HH & LL.
-Prices follow 2 trend lines top one slopes up & the bottom 1 slopes down.
-Touches, Should've at least 2 highs & 2 lows,
#Megathread_ChartPatterns
๐Types of #Broadening_Patters
- Ascending/Descending
-Top/Bottom
๐Identifying patterns
-Shape wid HH & LL.
-Prices follow 2 trend lines top one slopes up & the bottom 1 slopes down.
-Touches, Should've at least 2 highs & 2 lows,
#Megathread_ChartPatterns
Day2
Types of #CupWithHandle_Pattern
-Bullish/Bearish cup
Identifying
-The cup should be โUโ shaped
-Handles form in upper half of cup
-Cup lips near same price
-There s'ld be a substantial increase in vol on breakout resistance.
#Megathread_ChartPatterns
Types of #CupWithHandle_Pattern
-Bullish/Bearish cup
Identifying
-The cup should be โUโ shaped
-Handles form in upper half of cup
-Cup lips near same price
-There s'ld be a substantial increase in vol on breakout resistance.
#Megathread_ChartPatterns
