This strategy is commonly used by most traders when trying to make trading decisions. Together with other trading tools, this strategy will help you sharpen your judgment to make better and winning trades.
It is also important to know that patterns mean a very significant signal from a trader’s eye. With good mastery on continuation strategy, it can give one an edge to spot a good trading entry point hence, more profitable results.
What are Chart Patterns?
In technical analysis, chart patterns are simply price formations represented in a graphical way.
Without a doubt, this is one of the most useful tools when performing technical analysis of price charts. Chart patterns are a very popular way to trade any kind of market. The most profitable chart patterns give us a visual representation of the supply and demand forces. They also show the relative strength of the specific price levels.
If we’re on the supply and demand topic, we recommend studying more about this subject here: Supply and Demand Trading-Learn about Market Movement.
Types of Chart Patterns: Throughout this article series, we’re going to discuss how to make money with the most profitable chart patterns. Some of the most profitable chart pattern trading strategies include:
- Triple Top Chart Pattern Trading Strategy
- Cup With Handle Trading Strategy
- Bump and Run Chart Pattern
- Price Channel Pattern
- Symmetrical Triangle
- Double Top Chart Pattern Strategy
- Double Bottom Chart pattern Strategy
- Rectangle Chart Pattern Strategy
- Forex Chart Patterns
- Reversal Chart Patterns And many more.