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Chart Patterns Cheat Sheet

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Like we promised, here’s a neat little cheat sheet to help you remember all those chart patterns and what they are signaling.

We’ve listed the basic classic chart patterns, when they are formed, what type of signal they give, and what the next likely price move may be.

Check it out!

Chart Patterns Cheat Sheet

You also might want to add this page to your bookmarks in case you need to double-check those chart patterns’ signals before you risk your hard-earned cash on a trade.

You never know when you’re gonna need to cheat, hah! Bookmark this thing yo!

And as you probably noticed, we didn’t include the triangle formations (symmetrical, ascending, and descending) in this cheat sheet.

That’s because these chart patterns can form either in an uptrend or downtrend, and can signal either a trend continuation or reversal.

Confusing I know, but that’s where practice and experience come in!

As we mentioned, it’s tough to tell where the price will break out or reverse.

So what’s important is that you prepare well and have your entry/exit orders ready so that you can be part of the action either way!


Reprinted from Babypips,the copyright all reserved by the original author.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

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