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A Volatility Contraction Pattern (VCP) is a chart consolidation that tightens from left to right within a price base. It’s essentially a supply and demand characteristic that creates this chart pattern. This pattern provides a clear pivot point to manage risk against strength. The VCP is created by supply and demand. It’s an effect of accumulation within a base...

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Confluence occurs when several technical analysis methods give the same trade signal. Usually, these are technical indicators, but may also be combined with chart patterns, price action, and chart overlay tools. Originally, the term confluence is used to describe a geographic point where two or more rivers come together to form a single body of water. But...

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+ve Correlation with Oil Marketing Companies (Sector of the year 2024) Excellent Technicals Gann Time Cycles positive Steady Fundaments Regular cash inflows

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triangle is a chart pattern is a tool used in technical analysis. The triangle chart pattern is named as such because it resembles a triangle. It is depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns of an existing trend or reversal. Despite...

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Volatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation. It has the following characteristics: The Stock must be in stage 2...

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triangle is a chart pattern is a tool used in technical analysis. The triangle chart pattern is named as such because it resembles a triangle. It is depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns of an existing trend or reversal. Despite...

aggarwalg04

Breakout of parallel channel in silgo retail 1st target rs44 2nd target rs 55 3rd target rs65

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A beautiful formation of cup and handle pattern and breakout of this pattern lead target of Rs625