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Chart Patterns Final

The document outlines various chart patterns used in trading, emphasizing their significance in understanding market psychology and improving trading strategies. Key patterns discussed include Ascending Triangle, Descending Triangle, Flag Pattern, Pennant Pattern, Cup & Handle, Rising Wedge, and Falling Wedge, each with specific entry points, stop loss placements, and target heights. Final rules stress the importance of breakout confirmation, volume checks, maintaining low risk, and avoiding fake breakouts.

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amartparmar999999
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3 views9 pages

Chart Patterns Final

The document outlines various chart patterns used in trading, emphasizing their significance in understanding market psychology and improving trading strategies. Key patterns discussed include Ascending Triangle, Descending Triangle, Flag Pattern, Pennant Pattern, Cup & Handle, Rising Wedge, and Falling Wedge, each with specific entry points, stop loss placements, and target heights. Final rules stress the importance of breakout confirmation, volume checks, maintaining low risk, and avoiding fake breakouts.

Uploaded by

amartparmar999999
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

CHART PATTERNS PLAYBOOK

Rajneesh Sharma SEBI Registered RA (INH000020332)

WHY CHART PATTERNS MATTER

Market random nahi hota — patterns repeat hote hain.

Chart patterns buyers aur sellers ki psychology dikhate hain.

Better patterns understanding = better entries, exits and risk control.


Ascending Triangle

Ascending Triangle

Flat resistance + rising support. Breakout = bullish.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


Descending Triangle

Descending Triangle

Flat support + lower highs. Breakdown = bearish.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


Flag Pattern

Flag Pattern

Strong move + small consolidation. Continuation pattern.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


Pennant Pattern

Pennant Pattern

Small triangle after big move. Momentum continues.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


Cup & Handle

Cup & Handle

U-shape + small dip. Bullish breakout.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


Rising Wedge

Rising Wedge

Narrowing uptrend. Bearish signal.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


Falling Wedge

Falling Wedge

Narrowing downtrend. Bullish signal.

Entry: Breakout point

Stop Loss: Opposite side of pattern

Target: Pattern height


FINAL RULES
• Wait for breakout confirmation

• Volume check is important

• Keep risk low

• Avoid fake breakouts

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