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Middle School Important Chart Patter…

Chart Patterns Cheat Sheet

Like we promised, here’s a neat little cheat sheet to help you

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remember all those chart patterns and what they are Find a Broker
signaling.

We’ve listed the basic classic chart patterns, when they are
formed, what type of signal they give, and what the next
likely price move may be.

Check it out!

CHART PATTERN FORMS DURING TYPE OF SIGNAL NEXT MOVE

Double Top Uptrend Reversal Down

Double Bottom Downtrend Reversal Up

Head and Shoulders Uptrend Reversal Down

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Inverse Head and Shoulders Downtrend Reversal Up
Middle School Important Chart Patter…

Rising Wedge Downtrend Continuation Down

Rising Wedge Uptrend Reversal Down

Falling Wedge Uptrend Continuation Up

Falling Wedge Downtrend Reversal Up

Bearish Rectangle Downtrend Continuation Down

Bullish Rectangle Uptrend Continuation Up

Bearish Pennant Downtrend Continuation Down

Bullish Pennant Uptrend Continuation Up

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You also might want to add this page to your bookmarks in case you need to
Middle School Important Chart Patter…
double-check those chart patterns’ signals before you risk your hard-earned
cash on a trade.

You never know when you’re gonna need to cheat, hah! Bookmark this thing
yo!

And as you probably noticed, we didn’t include the triangle formations

(symmetrical, ascending, and descending) in this cheat sheet.

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That’s because these chart patterns can form either in an uptrend or

downtrend, and can signal either a trend continuation or reversal.

Confusing I know, but that’s where practice and experience come in!

As we mentioned, it’s tough to tell where the price will break out or reverse.

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So what’s important is that you prepare well and have your entry/exit orders
Middle School Important Chart Patter…
ready so that you can be part of the action either way!

Important Chart Patterns

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It’s time to find out if you know the difference between a double top, a wedge, a pennant,
and a triangle!

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 Middle School Important Chart Patter…

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" Traders need to distinguish between trade

outcomes and trade decisions. Sometimes, a
good decision may have a poor outcome,
and a poor decision may have a beneficial
outcome."
- Jack D. Schwager

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