This document outlines and defines various chart patterns that traders use to identify potential reversals and continuations in market trends. It categorizes patterns into three groups: reversal patterns like double tops and head and shoulders formations; continuation patterns such as falling and rising wedges; and bilateral patterns including ascending, descending, and symmetrical triangles. These classic patterns provide visual clues about shifts in market momentum and sentiment.
This document outlines and defines various chart patterns that traders use to identify potential reversals and continuations in market trends. It categorizes patterns into three groups: reversal patterns like double tops and head and shoulders formations; continuation patterns such as falling and rising wedges; and bilateral patterns including ascending, descending, and symmetrical triangles. These classic patterns provide visual clues about shifts in market momentum and sentiment.
This document outlines and defines various chart patterns that traders use to identify potential reversals and continuations in market trends. It categorizes patterns into three groups: reversal patterns like double tops and head and shoulders formations; continuation patterns such as falling and rising wedges; and bilateral patterns including ascending, descending, and symmetrical triangles. These classic patterns provide visual clues about shifts in market momentum and sentiment.