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A '''chart pattern''' or '''price pattern''' is a [[pattern]] within a [[chart]] when prices are graphed. In stock and [[commodity market]]s 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
* [https://www.investopedia.com/university/charts/ traditional chart pattern]
* [https://harmonictraderx.com/harmonic-patterns/ Harmonic Patterns]
* [[candlestick pattern]]
* [https://www.xabcdtrading.com/ XABCD Patterns]
== Traditional Chart Pattern ==
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Traders use the Potential Reversal Zone (PRZ) as an important level of support/resistance in their trading and price action strategy.
== XABCD Patterns ==
XABCD Patterns<ref>[https://www.xabcdtrading.com/xabcd-patterns-complete-guide/ The Complete Guide to XABCD Patterns by XABCD Trading Published Sep 6, 2017]</ref> are the latest categories of '''candlestick pattern''' in which a pattern is measured using both Fibonacci time and Fibonacci price. XABCD Patterns are created by measuring both up and down and left to right. This leads to a much more consistently shaped pattern. The XABCD type of pattern is broken down into two main classifications:
# ETP (Extension Time Patterns)
# RTP (Retracement Time Patterns)
# XTP (X-Point Time Patterns)
These XABCD patterns can both be traded as a counter-trend trade or a trend continuation trade. Each pattern has a specific area defined as its reversal and targets.
== Candlestick Pattern ==
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* [https://finohindi.com/candlestick-chart-pattern/ Candlestick Chart Pattern]
* [[Elliot wave]]
* [https://www.xabcdtrading.com/ XABCD Patterns]
* [[Market trends]]
* [[Price action trading]]
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