Patterns Provided By Money Classic Is A Continuation Of Trend

Money classic investment advisers is one of India top advisory firm which has tremendously worked as the best service provider, which majorly includes guidelines and strategies like share market tips  just to educate its clients about the market, it's important so due to its uncertain fluctuating nature, here are the pattern which indicates about the gains and losses:-

Ascending Triangles are bullish chart pattern signals that are considered continuation patterns when you have determined the direction of the trend prior to the Ascending Triangle so it is particularly important to do an analysis of this chart pattern.

Descending Triangles are bearish and are usually found in downtrends in stocks as continuation chart patterns. Where the ascending triangle appears flat at the top and the bottom with an upward slope, the descending triangle appears flat at the bottom with the hypotenuse sloping down. Descending triangles can be quickly identified when conducting chart analysis through their distinctive low support area as with any continuation chart pattern, the stock needs to take a break or consolidate before continuing.

Flags and pennants - are great chart patterns for trading with the trend. They are best used in strong trending markets so either looks for stair step patterns or use ADX to help you gauge the strength of the trend. Flags and Pennants can be taken to the long side or to the short side, depending on the direction of the prior trend so it is particularly important to do an analysis on this chart pattern with extreme caution or with a confirmation trading plan tactic.

The Rectangle Pattern -is a continuation pattern that occurs when a price is trading in a small range before breaking out in the direction of the trend. It can be taken to the long side or to the short side, depending on the direction of the prior trend so it is particularly important to do an analysis on this chart pattern with extreme caution or with a confirmation trading plan tactic.

Symmetrical Triangle- is a trend continuation pattern, but the price can break out in opposite directions. If that happens do not trade it as a reversal pattern as more often than not it will fail.  In this the upside and formed the Symmetrical Triangle, then you can consider the trend to continue up when the resistance has been broken.