📊 Chart Patterns Explained in Tamil
Stock Market Master Course – Lesson 14
📌 Chart Pattern na enna?
Price repeated structure create pannumbodhu athu pattern ah form aagum. Pattern market psychology reflect pannum 🔥
Patterns = Reversal + Continuation
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🔄 Reversal Patterns
1️⃣ Head & Shoulders
Trend reversal signal. Neckline breakdown → Strong bearish move.
2️⃣ Double Top
Resistance area la two peaks → Bearish reversal.
3️⃣ Double Bottom
Support area la two bounces → Bullish reversal.
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Trend reversal signal. Neckline breakdown → Strong bearish move.
2️⃣ Double Top
Resistance area la two peaks → Bearish reversal.
3️⃣ Double Bottom
Support area la two bounces → Bullish reversal.
📈 Continuation Patterns
1️⃣ Ascending Triangle
Higher lows + Flat resistance → Bullish breakout.
2️⃣ Descending Triangle
Lower highs + Flat support → Bearish breakdown.
3️⃣ Symmetrical Triangle
Price compression → Big breakout expected.
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Higher lows + Flat resistance → Bullish breakout.
2️⃣ Descending Triangle
Lower highs + Flat support → Bearish breakdown.
3️⃣ Symmetrical Triangle
Price compression → Big breakout expected.
📊 Breakout Strategy
✔ Pattern complete aana apram entry
✔ Volume confirmation mandatory
✔ Stop loss pattern opposite side
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⚠️ Common Mistakes
- Pattern complete aagum munadi entry panna koodadhu
- Low volume breakout avoid pannunga
- Risk reward minimum 1:2 maintain pannunga
🎯 Smart Trader Insight
Chart patterns = Crowd behaviour repetition 🔥 History repeat aagum, but patience irundha dhan profit.
Pattern + RSI/MACD + Support Resistance combine panna strong setup.
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Disclaimer:
This content is for educational purposes only. Trading involves risk. Universal Money Mart does not provide trading signals or stock recommendations.
This content is for educational purposes only. Trading involves risk. Universal Money Mart does not provide trading signals or stock recommendations.
