What's Trading Patterns in Indices Trading?
Indices chart patterns is the study of repeating chart patterns that are commonly used to trade the trading market. This chart patterns Tutorial helps traders learn how to read these patterns & how to interpret the trading signals given by these trading patterns.
Three Common Chart Setups
The Three common trading patterns are:
1. Reversal Chart Setups
- Double Top Patterns
- Double Bottoms Chart Setups
- Head & Shoulders Patterns
- Reverse Head & Shoulders Patterns
Reversal Patterns Lessons
Double Top Chart Patterns & Double Bottom Chart Setups
Head & shoulders Chart Setups & Reverse Head & shoulders Chart Setups
Reversal Patterns confirm the reversal of the market trend once this reversal Indices patterns setup is confirmed. These reversal Indices patterns are formed after extended market trend either up-wards or downwards & these patterns signal that the market trend is ready to reverse.
2. Continuation Setups
- Rising Triangle Patterns
- Falling Triangle Chart Setups
- Bull Flag/Pennant Chart Setups
- Bear Flag/Pennant Patterns
Continuation Patterns Lessons
Continuation Patterns are arrangements which set up the trading market for a trend continuation move in the direction of previous trend. These continuation Indices chart patterns are formed when the market is taking a break prior to continuing in same direction of previous trend.
3. Bilateral Chart Setups
- Symmetric Triangle - Consolidation Patterns
- Rectangle - Range Chart Setups
Consolidation Patterns Lessons
Consolidation Chart Patterns form when the market is taking a break before deciding which is next direction to head. When these consolidation Indices chart patterns are formed the market is trying to figure out what direction to trade.
What's Chart Setups?
Study of a candlesticks trading patterns
What is Trading Patterns in Indices Trading?
