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Oct 5, 2022 8 tweets 6 min read Read on X
Stock Chart Patterns ↗️↔️↘️

Stock chart patterns often signal transitions between rising and falling trends.

These patterns can be as simple as trendlines and as complex as double head-and-shoulders formations. Image
Since price patterns are identified using a series of lines or curves, it is helpful to understand trendlines and know how to draw them. Trendlines help technical analysts spot support and resistance areas on a price chart. Image
A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past. Image
Chart patterns are the basis of technical analysis and require a trader to know exactly what they are looking at, as well as what they are looking for. 📊 👀 Image
A continuation pattern can be considered a pause during a prevailing trend. This is when the bulls catch their breath during an uptrend or when the bears relax for a moment during a downtrend. Image
Reversal patterns are those chart formations that signal that the ongoing trend is about to change course. If a reversal chart pattern forms during an uptrend, it hints that the trend will reverse and that the price will head down soon. Image
Learn more about Best chart patterns 👇
by
@valuelevels



Head and shoulders
Double top
Double bottom
Rounding bottom
Cup and handle
Wedges
Pennant or flags
Ascending triangle
Descending triangle
Symmetrical triangle

• • •

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More from @Stocktwit_IN

Mar 17, 2023
Candlestick #charts patterns is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement

A thread by Naren Joshi @valuelevels
🧵👇

#like & #Retweet for MAX Reach
Bullish Patterns

1- BULL FLAG
2- CUP WITH HANDLE
3- ASCENDING TRIANGLE

#stocks #TradingView
#nifty #niftybank #banknifty
BEARISH PATTERNS

1- BEAR FLAG
2- INVERTED CUP WITH HANDLE
3- DESCENDING TRIANGLE

#niftyoptions #niftyfuture
#niftytoday
Read 7 tweets
Mar 16, 2023
Moving average is one the simplest indicator which many traders and investor use for technical analysis.

𝗔 𝗧𝗵𝗿𝗲𝗮𝗱 𝗼𝗻 𝗠𝗼𝘃𝗶𝗻𝗴 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 🧵 by @me__kaushik

Retweet ♻ for maximum reach.
📍What is Moving Average?

A moving average is a technical indicator that investors and traders use to determine the trend direction of a stock or to determine its support and resistance levels.

It is a trend-following or lagging indicator because it is based on past prices.
📍Types of Moving Average

👉 Simple Moving Average (SMA): SMA is a technical indicator calculated by adding the most recent data points in a set and dividing the total by the number of time periods.
Read 17 tweets
Mar 12, 2023
Inside bar trading strategy is a popular trading strategy among traders.

𝗔 𝗧𝗵𝗿𝗲𝗮𝗱 🧵 𝗼𝗻 𝗜𝗻𝘀𝗶𝗱𝗲 𝗕𝗮𝗿 by @me__kaushik

RETWEET ♻ if you find it useful.

#StockMarket #StockMarketindia #trading #stocks Image
📍What is Inside bar?

An Inside bar means the high and low of the baby candle is completely within the high and low of the Mother candle.

The image below is an example of an inside bar where we can see the baby candle is completely inside the Mother candle. ImageImage
📍When to trade Inside Bar?

Inside bars can be traded in trending markets in the direction of the trend.

Inside bars can also be traded near demand and supply zone, when traded this way they are often referred to as inside bar reversals.
Read 14 tweets
Mar 11, 2023
Stock Chart Patterns ↗️↔️↘️

If you #LIKE then also #Retweet please

Stock chart patterns often signal transitions between rising and falling trends.

These patterns can be as simple as trendlines and as complex as double head-and-shoulders formations. Image
Since price patterns are identified using a series of lines or curves, it is helpful to understand trendlines and know how to draw them. Trendlines help technical analysts spot support and resistance areas on a price chart. Image
A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past. Image
Read 7 tweets
Mar 11, 2023
OPENING RANGE BREAKOUT STRATEGY EXPLAINED

Opening range breakout trading is an interesting concept. Several traders have asked us how to take advantage of the opening range breakout strategy and if it is a good option. So, we decided it requires a separate discussion. Image
What Is Opening Price And Why It Is Important?

To understand the opening range breakout strategy, we must clear our understanding of the opening price of the day.

Often the opening sets the mood for trading for the day – uptrend or downtrend.
Key Understanding

🔖 The beginning hour of the trading day is the most active and dynamic period. The opening hours sets the sentiment of the market

🔖 You can make the most money during the opening hour, but it is also volatile
Read 5 tweets
Feb 24, 2023
In Technical Analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement.

thread 🧵 👇 with @valuelevels
& @TradingView_IN

#TechnicalTrades #TradingView Image
History:
Some of the earliest technical trading analysis was used to track prices of rice in the 18th century. Much of the credit for candlestick charting goes to Munehisa Homma (1724–1803), a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka

#stocks
Formation of the candlestick:
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.

#priceaction #StocksToTrade
Read 11 tweets

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