Big Book of Chart Patterns

As you study charts and look to identify patterns, you’ll want to spend time to

identify the successive peaks and troughs or highs and lows. Also, as part of

your pattern recognition it is important to be able to identify the previous

trend based on the aggregation period being used. The combination of the

previous trend and the current highs and lows will form the foundation for

proper chart pattern recognition.

This resource is intended to introduce you to 50 different price patterns. With

every price pattern there is a setup, a trigger and a projected move. For each

pattern, there is a description of whether the pattern is bullish, bearish or non-

directional.

Whether it’s a signal of a continuation of the trend, a reversal of

the trend, or is non-directional. Also, there is a description of how volume

develops during the formation of the pattern, and how to establish a price

projection based on the measuring technique for each pattern.