Understanding Chart Patterns for Online Trading

Chart Patterns are well established in forex and CFD trading and work as well for cryptocurrency investing. There are numerous chart patterns and lots of gimmicks in the market but the old well established one have specific rules that make them successful and easy to apply and trade.
There are numerous types of patterns, all named according to the shapes that the price graphs form between the support and resistance lines. The general types of patterns include Triangles, Channels, Wedges, and Head-and-Shoulders.

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Wow. I have watched so many videos, tried To find workbooks etc, and it’s all so confusing. I was thinking “why do I need to remember if this is bullish or bearish?! Why don’t we just watch to see which support or resistance line it breaks to figure out our move?!” THANK YOU! You simplified this so much for me. Very clear and easy to understand.

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I hit the like pattern when you said the characteristics of the triangle are irrelevant. Wait for the break out! That is very true. I made a nice trade recently on a descending triangle that broke out not down! Great video man!

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I liked it because he showed the drawing and tried to show it with candlesticks

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