CHART PATTERN TRADING Technical Analysis by ThinkMarkets.com

So how do we confirm a pattern? There are several methods and it is down to personal preference as  to how you decide to confirm your patterns. However please be warned that the word ‘confirmation’  can be a little misleading as just because we confirm a pattern it does not guarantee that the pattern  will be fulfilled. Confirmation simply means ‘a point on the chart in which we assume, when crossed, the pattern may reach a target’.

👉 Why do chart Patterns Occur?
👉 Short-­‐Term vs Long-­‐Term: Which is better?
👉 Continuation, Reversal, Bullish or Bearish? 

CHART PATTERN TRADING Technical Analysis by ThinkMarkets.com - intermediate trading guide


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