Gravestone Short-term Chart Pattern

This is the 3rd Day course in a series of 60-Days called “Technical Analysis Training”

You will get daily one series of this Training after 8 o’clock night (Dinner Finished)

Follow MoneyMunch.com Technical Analysis Directory and Learn Basic Education of Technical Analysis on the Indian Stock Market (NSE/BSE)

Gravestone Short-Term Chart Pattern

Effects of Gravestone

The Gravestone indicates that the earlier trend is mostly about to end and additionally may reverse or move sideways. The Gravestone is principally observed because a top pattern indicating the completion of an uptrend. This excellent pattern is definitely an sign of the financial instrument’s SHORT-TERM view.

Story
The Gravestone is made up of the in length Upper Shadow and not Actual Body (who is the open is adequate to the close for the session). Indeed there must be not Lower Shadow for a Gravestone.

Trading Factors 

• A little Lower Shadow is acceptable.
• A little Real Body is acceptable.

Factors that Supports

• The greater the Top Shadow the more significant the pattern.

Factors which Oppose

• If or when a Lower Shadow exists and is also long then it can lower the significance of the particular pattern.
• If or when an Actual Body exists and is also large then it could lower the importance on this pattern.

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your Technical Analysis Training.

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?