What Chart Setups Should I Trade with in Intraday Trading?
The top ten patterns that every trader should know & trade with. The most commonly used chart patterns that traders should trade with are:
1. Reversal Chart Setups
- Double Top Patterns
- Double Bottoms Setups
- Head & Shoulders Setups
- Reverse Head and Shoulders Setups
Reversal Setups confirm the reversal of the price trend once this reversal setups is confirmed. These reversal patterns are formed after extended market trend either upward or downwards & these patterns signal that the price trend is ready to reverse.
Reversal Chart Setups Lessons
Double Tops Chart Patterns and Double Bottoms Chart Setups
Head & shoulders Chart Setups & Reverse Head & shoulders Chart Setups
2. Continuation Patterns
- Rising Triangle Patterns
- Falling Triangle Setups
- Bull Pennant/Flag Setups
- Bear Pennant/Flag Setups
Continuation Patterns are arrangements that set up the market for a market trend continuation move in direction of previous trend. These continuation patterns are formed when the market is taking a break prior to continuing in same direction of previous trend.
Continuation Patterns Lessons
3. Bilateral Patterns
- Symmetric Triangle - Consolidation Patterns
- Rectangle - Range Setups
Consolidation Chart Patterns form when the market is taking a break prior to deciding next trend direction to move. When these consolidation patterns are formed the market is trying to determine what direction to trade.
Consolidation Patterns Guides
Gold Using Patterns - What Chart Setups Should I Trade with in Intraday Trading?
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