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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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.