Candlestick Chart : Pattern - Part-03

Cup & Handle:

Just a quick glance at the chart and you can gauge how this pattern got its name. The cup is a nice curved ‘U’ shape and the handle angles slightly down. Usually, the right-hand side of the chart shows low trading volume which can last for a significant length of time.

Head & Shoulders Top:

Straightforward to spot, the shape comes to life as both trendlines converge. They come together at the peaks and troughs. The lines create a clear barrier. If the price breaks through you know to anticipate a sudden price movement.
You’ll find different stock patterns for day trading in every pdf you open. Rather than using everyone you find, get excellent at a few.