CA Vivek Khatri
CA Vivek Khatri

@CaVivekkhatri

9 Tweets 55 reads Jun 19, 2022
✨My Favourite #Trading Setups:-
📌 W Pattern - Double Bottom
📌 M Pattern - Double Top
Check Threads 🧵for a Detailed Understanding of the Pattern🙏
Retweet 🔁 Like 💟Ask Qust.👇
Hastags:-
#Trading #Investing #StockMarket #nifty #crypto #stocks #DayTrading @kuttrapali26
1. Double Bottom Pattern (W Pattern):-
✨Attributes of this Pattern👇
📌Bullish Reversal Chart Pattern
📌Form after Downtrend
Consisting 2 Lows:-
1st Low after strong Downtrend
2nd Low after Pullback
#Trading #Investing #StockMarket #nifty #crypto #stocks #DayTrading
Read 🧵
✨Trading Rules for Double Bottom (W Pattern):-
1. Market/Securities Must be in a Downtrend
2. Must 2 Lows (2 Rounding Bottoms)
📌 Entry - After BO Neckline/Resistance
📌 Stop Loss - At 2nd Bottom of the Pattern
📌 Target - Equal To the dist. b/w Neckline and Bottom.
Read 🧵
Example of W Pattern/Double Bottom Pattern:-
Cipla - Weekly Chart
Clear Understanding of the Pattern on the chart.
You can ask Your Doubts Now👇👇
#Trading #Investing #StockMarket #nifty #crypto #stocks #DayTrading
Read 🧵
2. Double Top Pattern (M Pattern):-
✨Attributes of this Pattern👇
📌Bearish Reversal Chart Pattern
📌Form after Uptrend
Consisting 2 Lows:-
1st Top after strong Uptrend
2nd Top after Pullback
#Trading #Investing #StockMarket #nifty #crypto #stocks #DayTrading
Read 🧵
✨Trading Rules for Double Top (M Pattern):-
1. Market/Securities Must be in an Uptrend
2. Must 2 Tops (2 Rounding Tops)
📌 Entry - After BD Neckline/Resistance
📌 Stop Loss - At 2nd Top of the Pattern
📌 Target - Equal To the dist. b/w Neckline and Tops.
#Trading
Read 🧵
Example of Double Top (M Pattern):-
Divis Lab - Weekly Chart
Clear Understanding of the Pattern on the chart.
You can ask Your Doubts Now👇👇
#Trading #Investing #StockMarket #nifty #crypto #stocks #DayTrading
Read 🧵
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