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Chart Patterns Analysis

This document provides a cheat sheet of common chart patterns used in technical analysis for forex trading. It lists reversal patterns like double tops and head and shoulders that indicate a change in trend, as well as continuation patterns like falling wedges and bullish pennants that suggest a trend will continue. It also includes bilateral patterns like ascending triangles and symmetrical triangles that can signal either a continuation or reversal depending on the direction of breakout.

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puskemas cicurug
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91% found this document useful (11 votes)
9K views

Chart Patterns Analysis

This document provides a cheat sheet of common chart patterns used in technical analysis for forex trading. It lists reversal patterns like double tops and head and shoulders that indicate a change in trend, as well as continuation patterns like falling wedges and bullish pennants that suggest a trend will continue. It also includes bilateral patterns like ascending triangles and symmetrical triangles that can signal either a continuation or reversal depending on the direction of breakout.

Uploaded by

puskemas cicurug
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Chart Patterns Cheat Sheet

REVERSAL CHART PATTERNS

Double Top Head and Shoulders Rising Wedge

Double Bottom Inverse Head and Shoulders Falling Wedge

CONTINUATION CHART PATTERNS

Falling Wedge Bullish Rectangle Bullish Pennant

Rising Wedge Bearish Rectangle Bearish Pennant

BILATERAL CHART PATTERNS

Ascending Triangle Descending Triangle Symmetrical Triangle

Source: Babypips (https://www.babypips.com/learn/forex/how-to-trade-chart-patterns)

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