What are Stock Chart Trading Patterns? Analyzing Stock Chart Patterns
Stock tradings chart patterns is a formation of repeating price patterns used by traders to determine when to open a buy stocks trade or a sell stocks trade depending on the technical analysis of the current stocks chart pattern that has formed on the stocks price chart.
There are three main types of stocks chart patterns & these are continuation pattern, reversal patterns & consolidation trading patterns.
The different stocks chart patterns have different technical analysis techniques & each provided a different trading setup with different technical analysis. Stocks traders can use the tutorial below to learn more about analyzing stocks chart patterns explained in this tutorial:
1. Reversal Chart Patterns
- Double Top Patterns
- Double Bottom Patterns
- Head & Shoulders Patterns
- Reverse Head & Shoulders Patterns
Reversal Chart Patterns confirm the reversal of the stocks market stocks trend once this reversal chart patterns setup is confirmed. These reversal chart patterns are formed after extended market stocks trend either upward or downward and these patterns signal that the stocks market stocks trend is ready to reverse.
Reversal Chart Patterns Lessons
Double Tops Patterns & Double Bottom Chart Patterns
Head & shoulders Stock Patterns & Reverse Head and shoulders Stock Chart Patterns
2. Continuation Chart Patterns
- Ascending Triangle Chart Patterns
- Descending Triangle Patterns
- Bull Flag/Pennant Patterns
- Bear Flag/Pennant Patterns
Continuation Chart Patterns are formations that set up the stocks market for a stocks trend continuation move in direction of the prior Stocks trend. These continuation chart patterns are formed when the Stocks market is taking a pause before continuing in the same direction of the previous Stocks trend.
Continuation Chart Patterns Lessons
3. Bilateral Stock Chart Patterns
- Symmetric Triangle - Consolidation Patterns
- Rectangle - Range Stock Chart Patterns
Consolidation Patterns form when the stocks market is taking a break before deciding the next direction to take. When these consolidation patterns are formed the stocks market is trying to decide what direction to trade.
Consolidation Patterns Tutorials
What are Stock Chart Trading Patterns? - Analyzing Stock Patterns - Reversal Chart Patterns, Consolidation Patterns and Continuation Chart Patterns
