Directional Traders are good at spotting patterns.

But 98.8% of the new traders, don't know how to spot patterns.

I analyzed @niki_poojary 's account, to learn the most important patterns to master.

Here are the 8 of the most important patterns: 🧵

@niki_poojary 1/ Cup and handle Pattern

Happens during an uptrend.

The cup portion has a U-shaped appearance.

The bears are getting weaker as they are unable to drive the prices below the last low.

Subhasish Pani uses this a lot in stocks to spot bullish trades.
@niki_poojary 2/ Inverse Cup and Handle Pattern

Happens during a downtrend.

The cup portion has a reverse U-shaped appearance.

The bulls are getting weaker as they are unable to drive the prices above the last high.

Subhasish Pani uses this a lot in stocks to spot bearish trades.
@niki_poojary 3/ Double Bottom Pattern

It is a bullish pattern that has the shape of a "W".

The market tries twice to break the lows but is unsuccessful.

This is a reversal pattern to observe during a downtrend for a bullish trade.
@niki_poojary 4/ Double Top Pattern

It is a bearish pattern that has the shape of an "M".

The market tries twice to break the highs but is unsuccessful.

This is a reversal pattern to observe during an uptrend for a bearish trade.
@niki_poojary 5/ Bullish Flag Pattern

Happens after a trending move.

After constant lower lows in a downward sloping rectangle, the market breaks out.

These patterns are very powerful if the down move is still higher than 50% of the distance of the up move.
@niki_poojary 6/ Bearish Flag Pattern

Happens after a trending move.

After constant higher highs in an uptrend-sloping rectangle, the market breaks down.

These patterns are very powerful if the up move is still lower than 50% of the distance of the down move.
@niki_poojary 7/ Head and Shoulders Pattern

Signifies a change from a bullish to a bearish trend.

The bullish momentum is reducing as bulls are not able to take out their highs with force.

Bears are fully in control.

We look for a trade below the breakdown of a support in such patterns.
@niki_poojary 8/ Inverse Head and Shoulders Pattern

Signifies a change from a bearish to a bullish trend.

The bearish momentum is reducing as bears are not able to take out the lows with force.

Bulls are fully in control.

We trade above the breakout of a resistance in such patterns.
@niki_poojary If you really liked this thread

Here's another we think you'd love: https://t.co/l7vakmDdLB

More from Aditya Todmal

DJ SIR THREAD

Great video with points helpful for beginners.

Made 4 threads on DJ Sir with the help of @niki_poojary

1. Selecting strikes to trade in with risk management.
2. How he took some aggressive trades.
3. Multiple charts analysis for intraday trading.
4. Trade Setup


Attaching all threads made on DJ Sir. After watching the video you can refer to this tweet for notes about his strategy and learn a few other ideas.

Compiling these together for easy access to his knowledge.

1. Selecting strikes and risk


2. Going aggressive with help of data and


3. Intraday

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