✅It represents a pause in the trend during which prices move sideways between two parallel horizontal lines
✅The rectangle is sometimes called “trading range” or “a congestion area”
✅Bullish rectangle pattern example: #abbindia
2/ ImageImage
✅Example of bearish rectangle pattern
3/ Image
The Continuation H&S Pattern:
✅The head & shoulder pattern can sometimes appear as a continuation instead of a reversal pattern.
✅Examples of this pattern: lattest b/o seen in #Amber
4/4
📢This concludes price patterns. Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with सुनील कुमार

सुनील कुमार Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @sunilkumarc3

Jan 30
Intro
The moving average is one of the most versatile & widely used of all technical indicators.
Because it can be easy to understand, quantified & tested.
Chart analysis is largely subjective.
2/
Because two chartists may disagree as to whether a given price pattern is a triangle or wedge
But moving average trend signals are precise & not open to debate
3/
Read 13 tweets
Jan 23
✅Most technician use multidimensional approach to market analysis by tracking the movement of 3 sets of figures- price, volume & open interest
✅Here I will share analysis on volume.

2/
Volume & open interest as secondary indicators:
✅Price is by far the most important
✅Volume & open interest are secondary
✅Of those two, volume is the more important.
3/
Read 13 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(