Friends,
I am starting this thread to discuss about Patterns occuring as when they happen.
By Patterns I mean,
1. Head & Shoulders
2. Ascending & Desceding Triangles
3. Rectangles
4. Flags, etc etc.
To start with I am attaching the chart of SAIL. It is showing a Head & Shoulders pattern (correct me if i am worng, i am learning a bit of TA all these days). Looks, like there is 1 more H&S pattern occuring, looks like SAIL is headed further down.
Please let me have your comments, and correct me if i am wrong.
I will be more happy to learn from the forum.
Satya
I am starting this thread to discuss about Patterns occuring as when they happen.
By Patterns I mean,
1. Head & Shoulders
2. Ascending & Desceding Triangles
3. Rectangles
4. Flags, etc etc.
To start with I am attaching the chart of SAIL. It is showing a Head & Shoulders pattern (correct me if i am worng, i am learning a bit of TA all these days). Looks, like there is 1 more H&S pattern occuring, looks like SAIL is headed further down.
Please let me have your comments, and correct me if i am wrong.
I will be more happy to learn from the forum.
Satya
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