Horizontal Channel Pattern
✅ Consolidation Chart Pattern
✅Long term Chart Pattern
✅ Netural Chart Pattern
1. It forms when stock conslidates long time . And it was not able to form new swing high and swing low.
2. It can slightly break high . So ,you can also draw zone or another resistance .it saves you from false break-out.
Same doing in low.
3. In this pattern we can go long and short for short term . We can buy at low and sell high. Sell high and buy low.
4. It is totally netural pattern . Anyside it can Break (down or up).
5. This pattern works in all tf.
Mostly you can use Hourly , Daily and weekly chart.
6. When it breaks anyside you can capture sharp move.
Thank you ❤️😌
Shubham
❮
❯
