Descending Triangle Pattern

In this week’s blogpost, I will be writing about another simple pattern which is the opposite of the ascending triangle pattern and can give good returns if spotted correctly. This pattern could be a difficult pattern to trade in an up trending stock, compared to the previous patterns I’ve covered. This is because the descendingContinue reading “Descending Triangle Pattern”

Ascending Triangle Pattern

In this week’s blogpost, I will be writing about another simple pattern that can be easily identified and which can reward you handsomely in the short and long term depending on the duration of the pattern. The ascending triangle pattern would reward well in a strongly trending stock. How to spot an Ascending Triangle pattern?Continue reading “Ascending Triangle Pattern”

Inverted Head and Shoulders Pattern

In this blogpost, I will be covering a very important and a reliable pattern formation that can help you in identifying stock reversals or stock bottoms. This is also my most favourite pattern. It has helped me identify some really good stocks specially after the Mar’20 crash. This chart pattern occurs when the stock isContinue reading “Inverted Head and Shoulders Pattern”

Parallel channels and its Significance

In the previous blogposts, I wrote about how to use trendlines to identify changes in stock trends and the significance a trendline carries. This week we are going to look at a very important concept that can help you to ride long term compounding stories- Parallel channels. How to identify a Parallel Channel? Previously, IContinue reading “Parallel channels and its Significance”

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