
Chart Pattern 101
INTRODUCTION
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or continuation signals.
There are three main types of chart patterns which are used by technical analysts:
1. Traditional chart pattern
2. Harmonic Patterns
3. Candlestick pattern
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