| 1 |  | What is a Chart pattern
Chart patterns are used to identify the market trends - its a part of technical analysis and provide strong signals of the upcoming price movement. | | | | | 2 | | Ascending Triangle
Ascending Triangle is formed when bulls push the market close higher and higher until bears loose their ground. | | | | | 3 | | Descending Triangle
Descending Triangle is formed when bears push the market close lower and lower until bulls loose their ground. | | | | | 4 | | Symmetrical Triangle
Symmetrical Triangle | | | | | 5 | | Flags and Pennants
Flags and Pennants | | | |
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| | 1 | | Reading Charts
Charts provide visual representation of the market - and if you can read into it - it also provides the psychological stress points of the market - support(s) and resistance(s) | | | | | 2 | | Charting tools
Easy to understand and simple to use tools that highlight market entries and market exists are already provided in most charting softwares - learn how to use them. | | | | | 3 | | Chart Patterns
Mystic language of charts - in most cases, the answer is obvious to those who can decipher chart patterns. | | | | | 4 | | Indicators and Oscillator
These tools provide you with a probable market trend based on mathematics. Use them ONLY to confirm your analysis. Do not rely on these alone. | | | | | 5 | | Creating your trading system
Simply put: using a small group of charting tools from your arsenal of tools. Put those tools to test using your demo account or do backtesting. | | |
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