The N pattern is simply means a pattern which like that a N that means if any price behave like alphabetical capital N that is called N pattern. But in trading field there is very less value of theoretical that means you learn here N pattern but this is not useful for trading and stock market we need practical knowledge here so we have to focus on practical knowledge. This is called N pattern.

 

The N pattern work is very simple but when we learn careful than it is simple otherwise this is very hard so we have to learn careful and now when our price form N pattern than wait for breakout and in this image you can see a big breakout with green candle and for normal trade in this big green candle they take trade in buy side but we are nor only normal trader so we have to wait for some formation of box pattern so in this chart you can see we draw two line and when this line break than we can trade. This way we can trade on N pattern.

 

The answer is that if you want to trade without breakout these two lines than you can take position but this mindset is normal trade and if you read second topic than you know we are not normal trader so we have to wait and now our technical answer is that all trader thing N pattern form and its breakout is also form than we take position for profit and here is trap may be target will hit but they take more time so our though is that we search a pattern and after searching pattern than again search pattern in this pattern that means you can see our main pattern is N pattern and than we again search pattern in N pattern and this pattern name is box pattern and than when formation of box pattern and when breakout is form than we can trade. That’s why wait for breakout these two lines.

 

The main profit is time because you know our any stock price is not move continuous they need pull back and this is a point for our we wait for pull back and here pull back is our box pattern and also you know pull is time taking process and if we take position before pull back than our money is invest so we have nothing more options except wait if our money is not invest than we can invest in other stock we make in same time but double profit. This this is the profit of the formation of box pattern.

 

The learning of this post is first to first we have to keep patience before any type of buy stocks. We need to find pattern in pattern that means here lot of trader is form so we try to make different each others than we make a good profit to others. We need to daily chart see because our mind is recall the chart so when we see more and more chart than this is good for me. These are whole learning of this post.