how to technical analysis of chart patterns
Technical analysis of patterns in trading.
Hey guys welcome back Keshava shehzaad is once again here to teach you and tell about the trading. Guys in this article I am going to teach you about the patterns of chart so guys when you know about the patterns of any chat then you can also able to know about the next move of any currency or any stock are any Coin.
Types of patterns
There are many types of the patterns in trading . But in this article we are going to teach you about the double top or M pattern. When you see M pattern or double top pattern in any chart then you know about this chat is showing or indicating that the price of any coin or any type of the trading will be going to down so you should be Sell or Short .
NM petrol top pattern you will see that are the two lines of candles touching the the support line. So guys when you see this kind of pattern in any charge then you should be sell are shot of any coin are stock.
Double top are M pattern is one of the most important pattern in trading.
2 candles line touching the support line and the bottom of this pattern is in bottom. this pattern is like M.
Double Bottom Pattren or W Pattren.
Double bottom pattern or W pattern in trading is opposite to the double top are M pattern.
When you see this kind of the pattern in any chart then you should buy a long. In double pattern Chart indicating that the price of coins , stock or currency going to high. so when you see this kind of the the chart you can buy or long any coins. In Double bottom pattern 2 candles lines are rejecting from same points of suppo
rt line.
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