ASIAN PAINTS LTDUpdated Pattern Identification
One can Start with simple Patterns Identification , few are very easily identified , they are
W - a Pattern Looks Like W shape which is corrective in nature
N- a Pattern Looks Like N shape , which resemble strong (sharp) move on second Leg but actually they are an short term corrective move NON impulsive moves
Inverted Patterns of W and N , they are visually can be identified as Invested patterns when seen with the Correction
Again this post is Not Trade Recommendation its Just for Education purpose
W - a Pattern Looks Like W shape which is corrective in nature
N- a Pattern Looks Like N shape , which resemble strong (sharp) move on second Leg but actually they are an short term corrective move NON impulsive moves
Inverted Patterns of W and N , they are visually can be identified as Invested patterns when seen with the Correction
Again this post is Not Trade Recommendation its Just for Education purpose
Trade closed: target reached
Now you know how it works on real time ,
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.