Chart pattern: Difference between revisions

Revision as of 17:08, 30 October 2020

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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 3three main types of chart patternpatterns which are currently used by technical analysts :

* [https://www.investopedia.com/university/charts/ traditional chart pattern],

* harmonic pattern <ref>[https://harmonicpattern.com/knowledge harmonic pattern from the https://harmonicpattern.com]</ref>

* [[candlestick pattern]].

== Traditional Chart Pattern ==