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  • Notes Technical Analysis - 30

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    Sona Gavde
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    This document discusses two technical analysis patterns - the down flag pattern and cup and handle pattern. For the down flag pattern, the price target is calculated as the flag level minus X, where X is determined by the number of candles in the pattern. For the cup and handle pattern, the document provides an example price target calculation of 50/- for the first target and 100/- for the second target, where the variables are not defined.

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    Notes Technical Analysis -30

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    This document discusses two technical analysis patterns - the down flag pattern and cup and handle pattern. For the down flag pattern, the price target is calculated as the flag level minus X, where X is determined by the number of candles in the pattern. For the cup and handle pattern, the document provides an example price target calculation of 50/- for the first target and 100/- for the second target, where the variables are not defined.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Notes Technical Analysis - 30

    Uploaded by

    Sona Gavde
    This document discusses two technical analysis patterns - the down flag pattern and cup and handle pattern. For the down flag pattern, the price target is calculated as the flag level minus X, where X is determined by the number of candles in the pattern. For the cup and handle pattern, the document provides an example price target calculation of 50/- for the first target and 100/- for the second target, where the variables are not defined.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Down Flag Pattern

    Price Target = Flag level – X


    Time Target = No of Candles
    3

    Cup and Handle Pattern

    Price Target 1. = 50/-


    𝑥𝑥
    2
    2. x=100/-

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