MajhiTrading

The Parabolic Curve Pattern The Parabolic Curve is probably one of the most highly prized and sought after pattern. This pattern can yield you the biggest and quickest return in the shortest possible time. Generally you will find a few of these patterns at or near the end of a major market advance. The pattern is the end result of multiple base formation breaks. The Parabolic Curve formation in NEPSE

The Ascending Triangle Pattern The Ascending Triangle is a variation of the symmetrical triangle. Ascending triangles are generally considered bullish and are most reliable when found in an up-trend. The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant. Here is a considerable points for Ascending Triangle Pattern: In ascending triangles, the stock becomes overbought and prices are turned back. Buying then re-enters the market and prices soon reach their old highs, where they are once again turned back. Buying then resurfaces, although at a higher level than before. Prices eventually break through the old highs and are propelled eve...

The Flat Base Pattern The Flat Base is a stock pattern that goes horizontal for any length of time. Very powerful advances can be had from this formation. What we look for is volume drying up as the stock stays at or about the same level going horizontally. Draw a trend line across the top of this formation. As the stock proceeds through the trend line, the stock is bought as it breaks the trend line and volume increases.

The Cup & Handle Pattern The Cup & Handle is the corrective action after a powerful stock advance. Generally a stock will have a powerful move of some 2 to 4 months, then go through a market correction. The stock will sell off into the correction in a downward fashion for maybe 20 to 35 percent off the old high point. The time factor is generally anywhere from 8 to 12 weeks depending on the overall market condition. NEPSE Chart As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price drift in a sideways fashion with a bias to the downside for about 4 days to 3 weeks. The handle ...

 Combination trade based on market structure and pivot initial trade Trade was taken based on market structure and with the help of pivot point.  

 Five sector indices closed green while NEPSE Index loosing 0.14%;  The NEPSE index closed at 1,897.08 today after losing 2.62 points from the last trading day's closing.  This is a loss of 0.14%. The index lost 2.57 points yesterday. Nepse index 12-Dec-22 Five sector indices closed green; "Hotel and Tourism" gained the highest by 0.72%. Technical Analysis Technically Charts has not much changes although buyers are unable to beat sellers at buyers areas is not favorable sign for those who have bought.

 Inverse Head and Shoulders: BTCUSDT TA Charts What Is the Inverse Head and Shoulders? An inverse head and shoulders, or "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics:  the price falls to a trough and then rises. the price falls below the former trough and then rises again. finally, the price falls again but not as far as the second trough.  Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.