What are Chart Patterns? Analyzing Patterns

Xauusd chart patterns is a formation of repeating price patterns used by traders to determine when to open a buy trade or a sell trade depending on the trading analysis of the current chart pattern that has formed on the trading price chart.

There are three main types of chart patterns & these are continuation chart pattern, reversal chart patterns & consolidation setups.

The different patterns have different trading analysis techniques & each provided a different setup with different trading analysis. Traders can use the tutorial below to learn more about analyzing chart patterns explained in this tutorial:

1. Reversal Setups

Double Tops Pattern Setups

Double Bottom Patterns

Head and Shoulders Patterns

Reverse Head & Shoulders Patterns

Reversal Setup Setups confirm the reversal of the price trend once this reversal set-ups set-up is confirmed. These reversal setups are formed after extended market trend either upwards or down ward and these setups signal that the market trend is about to reverse.

Reversal Setups Lessons

Double Top Patterns and Double Bottom Patterns

Head & shoulders Chart Patterns & Reverse Head and shoulders Patterns

2. Continuation Patterns

Rising Triangle Pattern Setups

Falling Triangle Patterns

Bull Flag/Pennant Patterns

Bear Flag/Pennant Patterns

Continuation Pattern Setups are arrangements that set up the market for a market trend continuation move in the direction of the prior trend. These continuation setups are formed when the market is taking a pause before continuing in the same market direction of the prior trend.

Continuation Patterns Lessons

Continuation Patterns

3. Bilateral Patterns

Symmetric Triangle - Consolidation Pattern Setups

Rectangle - Range Patterns

Consolidation Chart Patterns form when the market is taking a pause before deciding the next trend direction to take. When these consolidation patterns are formed the market is trying to decide which direction to trade.

Consolidation Patterns Guides

Consolidation Patterns

What are Chart Patterns? - Analyzing Patterns - Reversal Patterns, Consolidation Chart Patterns and Continuation Chart Patterns

More Topics & Lessons:

Trade Gold Trading

What are Chart Patterns? Analyzing Patterns

1. Reversal Setups

2. Continuation Patterns

3. Bilateral Patterns