Technical Analysis
We are a Technical Analyst also. Technical Analysis is a very useful tool to predict market Movement as per chart analysis. And easily pieces of advice or guidance to our Investor or trader to Exit or take a position in a particular script.
In the Stock Market or Commodity Market for Traders or Investors, it is necessary to analyze the market movement in the long term or Short Term or even in the Intraday Trading Movement. In today’s Market scenario, there are two ways to analyse the Movements of the Market Particular Equity, Particular Sector, Particular Index, or any commodities price i.e. Technical Analysis and Fundamental Analysis.
In Fundamental Analysis we need to know the Performance of the company, like quarterly results upward or downward movements, Demand for company products in the near future, Balance sheets of the company, Profit and Earning Ratio, Dividend distributions, and many more.
Whereas Technical Analysis is extremely dependent upon price and volume movements of particular equity, Index, commodity, or Market. Technical Analysis is preferred normally with different candle charts. It is the simplest and easiest way to predict the future movement of prices.
Technical Analyst uses many chart patterns and Moving averages like head and shoulders, double top/bottom, reversal patterns, support, resistance, flags, cups, and handles to understand market movements.
Through Technical Analysis we can analyze Market movements with the help of different candle chart patterns. Here we mention 35 Candle Chart Patterns below
Candle Chart patterns are normally categorized into the following three patterns as below:
Continuation Pattern
Bullish Reversal Pattern
Bearish Reversal Pattern
Bullish Reversal Candle Chart Patterns:
Hammer
Piercing Pattern
Bullish Engulfing
The Morning Star
Three White Soldiers
White Marubozu
Three Inside Up
Bullish Harami
Tweezer Bottom
Inverted Hammer
Three Outside Up
ON-Neck Pattern
Bullish Counterattack
Hanging Man
Bearish Candlestick Pattern
Dark Cloud Cover
Bearish Engulfing
The Evening Star
Three Black Crows
Black Marubozu
Three Inside Down
Bearish Harami
Shooting Star
Tweezer Top
Three Outside Down
Bearish Counterattack
Doji
Spinning Top
Falling Three Method
These are the Technical Chart Patterns through which we analyze market movements. If anyone to know elaborately then they can connect for personalized advisory support with Allneeds.