Chart patterns are as reliable as any other trading strategy you can imagine. You won't attain perfect accuracy, but if you build a strategy around these patterns that is correct 60% of the time and yields at least two times your risk as winnings on positive entries, you should end most trading years in the black.
Simply place an order above or below the formation to trade these patterns (following the direction of the ongoing trend, of course). Then aim for a target that is at least the size of the wedge or rectangle chart design. When it comes to pennants, you might aim higher and target the mast's height.
Chart pattern studies play an important role in technical analysis in the stock and commodity markets. When data is plotted, there is usually a pattern that emerges and repeats itself throughout time. Reversal or continuation signals are employed with chart patterns.
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Naveen
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Very nice
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NSE OR BSE MAI TRANDING KRNA HAI
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good
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The Complete Stock Market Technical Analysis Course , iske bad second corse ka kya naam h
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Study
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Best course forever
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Great!
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thank, this is a very helpful 🤩
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Karan padekar
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SIR YOU ARE BEST TEACHING FOR THE TECHNICAL ANALYSIS IN STOCK MARKET, SIR ONE REQUEST FOR YOU SEND THE PDF OF CANDLESTICK PATTERNS,CHEART PATTRNS...
THANKS YOU SIR....
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