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Notes Technical Analysis - 30

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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Sona Gavde
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43 views1 page

Notes Technical Analysis - 30

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.

Uploaded by

Sona Gavde
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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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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