The price action is the most significant aspect in trading in the stock markets. The strength and momentum in the price action trigger a direction, which traders and investors are deeply interested in. The price action flashes these triggers via various patterns like Head and Shoulders, Double bottom, Rising Wedge, Falling Wedge, Rising channel and Falling channel patterns, Flags, etc.
Beside these, candlestick formations are another crucial aspect of trading. A bullish or bearish candle may change the underneath trend in the stocks. The various candle formations are morning star, evening star, bullish engulfing, bearish engulfing, Bullish harami cross, bearish