You might be using chart patterns incorrectly if you've not seen this.

Data says 81% of people trade these patterns incorrectly, and you might be one of them.

Read now or regret later:: A complete guide on Top 5 chart patterns in this thread 🧵:

1/ Rounding Bottom:

Rounding Bottom or U Pattern or Saucer all are one and the same with different names and it is a bullish pattern.

https://t.co/tkKlHF4ebE
2/ Cup and Handle:

A bullish technical pattern that is very popular in Technical Analysis.

https://t.co/EsT0ZFj2L5
3/ Ascending Triangle:

Ascending triangle is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows.

https://t.co/b9oCYrfbpJ
4/ Head and Shoulder Pattern:

It is one of several top patterns that signal an upward trend is nearing its end.

https://t.co/Irzhh2QMTH
5/ Inverse Head and Shoulder Pattern:

It is a bullish pattern and may be used to predict reversals in downtrends.

https://t.co/WyuQstl4Q0
These are the top 5 chart patterns that is widely used in Technical Analysis.

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#DIAMONDYD aka PRATAAP SNACK
#chartkyaboltahai

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@ydstartupreneur

@caniravkaria bhaiji looks good on charts https://t.co/iwy4wXUiJf


Dip*

More from Catagory trading

Here are 16 Free & powerful Scanners for Traders.

🧵

1. NR7 breakout scanner -
NR7 is a great concept using which you can identify the potential breakout candidates.
For details on NR& concept refer to this thread -
https://t.co/EgC9h77bLl
Here's the scanner -

2. Volume & price shockers -
This scans the stocks that have seen a sudden rise in their volume by over 2x times the average volume of last 10 days and have gained or lost more than 5% today.
Great candidate for breakout /

3. 15 min breakouts -
These stocks have shown a rise in both prices as well as volume in the last 15 min. High chances that they will continue the rally

4. Engulfing Candle scan -
This scans the stocks which are in extended up/down trend & have formed Engulfing candle now. They are a great candidate to take reversal trades.

Bullish engulfing - https://t.co/4pOosoeMsL
Bearish engulfing -

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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read