CHART PATTER
TYPES OF CHART
S.NO FOUND TREND PATTERN
PATTERN
BULLISH
SYMMETRICAL UP TREND
1 &
TRIANGLE DOWN TREND
BEARISH
ASCENDING UP TREND
2 BULLISH
TRIANGLE DOWN TREND
DESCNDING UP TREND
3 BEARISH
TRIANGLE DOWN TREND
END OF THE
4 DOUBLE BOTTOM BULLISH REVERSAL
DOWNTREND
5 DOUBLE TOP UP TREND BEARISH REVERSAL
6 FALLING WEDGE UP TREND BULLISH REVERSAL
UP TREND
7 RISING WEDGE BEARISH REVERSAL
DOWN TREND
CONTINUATION
8 BULL FLAG UP TREND
PATTER (BULLISH)
CONTINUATION
9 BEAR FLAG D0WN TREND PATTER
(BEARISH)
STRONG BEARISH
10 HEAD & SHOULDER UP TREND
REVERSAL
INVERSE HEAD & STRONG BULLISH
11 D0WN TREND
SHOULDER REVERSAL
INVERSE HEAD & STRONG BULLISH
11 D0WN TREND
SHOULDER REVERSAL
12 CUP & HANDLE UP TREND BULLISH REVERSAL
PREPARED BY: ABDUL SHAKOOR QURESHI
CHART PATTERN TABLE
INTERPRETATION MEASURE TARGET
WAIT FOR BREAKOUT
MID OF THE TRAINGLE
BREAKDOWN
WAIT FOR THE BREAKOUT MID OF THE TRAINGLE
WAIT FOR THE BREAKDOWN MID OF THE TRAINGLE
BREAKING THE NECK LINE
BOTTOM TO NECK LINE
BULLISH RALLY TO THE UPSIDE
BREAKING THE NECK LINE
BEARISH RALLY TO THE TOP TO THE NECKLINE
DOWNSIDE
RESISTENCE LEVEL OF THE
WAIT FOR THE BREAKOUT
WEDGE
WAIT FOR THE BREAKDOWN
& SELL
INDICATE CONTINUATION OF
SIZE OF FLAG POLE
UPTREND, UPON THE BREAK
TOWARD UPSIDE
OUT TAKE ENTRY
INDICATE CONTINUATION OF SIZE OF FLAG POLE
DOWN TREND TOWARD DOWNSIDE
NECKLINE GETS BREAK THE
NECKLINE TO HEAD
PRICE WILL FREE FALL
NECKLINE GETS BREAK THE
NECKLINE TO HEAD
PRICE WILL RALLY UPSIDE
NECKLINE GETS BREAK THE
NECKLINE TO HEAD
PRICE WILL RALLY UPSIDE
LENGTH OF THE CUP TO
WAIT FOR THE BREAKOUT
NECK LINE
CHECKED BY:HARIS KHAN
ABLE
IDENTIFICATION SYMBOL
2 LOWS OF THE RESISTENCE LEVEL TO THE DOWNSID 2
HIGHS OF THE SUPPORT LEVEL TO THE UPSIDE
2 RESISTENCE LINE IN HORIZINTAL SEQUENCE 2
PARALLEL SUPPORT LINE
2 LOWS OF THE RESISTENCE LEVEL TOWARD DOWNSID
2 SUPPORT LEVEL IN A STRAIGHT LINE SEQUENCE
2 BOTTOMS, PRICE MAKE NEW LOW THEN PUSHES
UPSIDE THEN MAKES NEW LOW OF ALMOST THE SAME
LENGTH
THE MARKET WAS IN A STRONG UPTREND THE PRICE
MADE A 1ST TOP THEN RALLY DOWNSIDE THEN PUSH
BACK MADE A 2ND TOP THEN RALLY TO THE DOWNSIDE
AND BREAK NECK LINE
FALLING WEDGE IS WIDEST AT THE TOP AND BECOMES
NARROW AS IT MOVING DOWNWARD WITH TIGHTER
PRICE ACTION
THE RESITENCE LINE IS MOVING IN ASENDING WAY
WHILE THE SUPPORT LINE IS STEPPER THAN RESISTENCE
LINE
FLAG SHAPE
REVERSE FLAG SHAPE
CONSIST LEFT SHOULDER , HEAD , RIGHT SHOULDER
NECKLINE IS FORMED CONNECTING SHOULDERS
CONSIST LEFT SHOULDER , HEAD , RIGHT SHOULDER
NECKLINE IS FORMED CONNECTING SHOULDERS
CONSIST LEFT SHOULDER , HEAD , RIGHT SHOULDER
NECKLINE IS FORMED CONNECTING SHOULDERS
STRUCTURE LIKE THE '' CUP LOOK LIKE ROUNDED
BOTTOM AND IS FOLLOWED BY THE HANDLE''
CHECKED BY:HARIS KHAN
