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Chart Patterns

Geometric patterns are discovered by connecting high and low points of price movements. Chart patterns give the most reliable trading signals and can provide information about the future behaviour of instruments.

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Candlestick patterns

Chart patterns

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Pattern

Triangle
Flag
Pennant
Wedge
Spike
Cup and Handle
Gap
Double Top
Double Bottom
Head and Shoulders
Broadening pattern
Reversal

Expected trend

Bullish
Bearish
Neutral

Reliability

High
Moderate
Low

Role

Continuation
Reversal
Neutral

Previous trend

Bullish
Bearish
Neutral

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Forex Trading
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Technical Indicators
Chart formations
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The Art of Japanese Candlesticks

 

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