Three Common Patterns
Gold chart patterns is the study of repeating chart patterns that are commonly used to trade the market. This chart patterns Tutorial helps traders learn how to read these patterns & how to interpret the signals given by these trading patterns.
Learn Chart Pattern PDF
The Three common xauusd trading patterns are:
1. Reversal Setups
- Double Top Setups
- Double Bottoms Patterns
- Head and Shoulders Setups
- Reverse Head & Shoulders Setups
Reversal Patterns Lessons
Double Top Chart Patterns and Double Bottom Patterns
Head and shoulders Patterns and Reverse Head & shoulders Chart Patterns
Reversal Setups confirm the reversal of the market trend once this reversal patterns setup is confirmed. These reversal patterns are formed after extended market trend either upwards or downwards and these patterns signal that the market trend is about to reverse.
2. Continuation Patterns
- Rising Triangle Patterns
- Falling Triangle Patterns
- Bull Flag/Pennant Patterns
- Bear Flag/Pennant Patterns
Continuation Patterns Lessons
Continuation Setups are arrangements that set up the market for a trend continuation move in the direction of the prior trend. These continuation patterns are formed when the market is taking a pause before continuing in the same market direction of the prior trend.
3. Bilateral Setups
- Symmetric Triangle - Consolidation Setups
- Rectangle - Range Patterns
Consolidation Patterns Tutorials
Consolidation Chart Patterns form when the market is taking a pause before deciding the next market trend direction to take. When these consolidation patterns are formed the market is trying to decide which direction to trade.
Chart Patterns Tutorials
Patterns - Study of a candles trading patterns
Patterns - What is Patterns?
