Bold pattern in the Stock Plan

Aug 6th, 2022
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How to bold pattern in the Stock Plan

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i want you guys to learn how to see these chart patterns by heart i want you to focus memorize and listen to what im teaching you because in this video im going to show you chart patterns that correlate with price action and it tells a story of where the price is going to go if you can only remember how these look im going to give you examples of every single one of them and i want you to take screenshots welcome back to the channel everybody my names artie and this is the moving average a show where we discuss everything day trading to keep you profitable on a consistent basis this video is going to have a little bit of a different format hopefully you guys like it im going to be doing a 21st century whiteboard with my ipad so its going to be a little bit lengthy because there is 16 chart patterns that i want to show you guys were going to do the bullish and then bearish version of every single one of these so the first one ones gonna be a bullish flag what price does in this

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11 chart patterns for trading Symmetrical triangle. Flag. Wedge. Double top. Double bottom. Head and shoulders. Rounded top or bottom. Cup and handle.
Chart patterns are visual representations of the collective psychology of traders and investors. They can help you identify potential entry and exit points, as well as the direction and strength of the trend.
Trading pattern recognition comes from looking for patterns that appear in the prices of traded instruments. You should be looking for shapes such as triangles, rectangles and diamonds. While this may not inspire confidence at the outset, these are formations that arise and track the changes in support and resistance.
One of the hallmarks of a downtrend is when price action makes lower highs and lower lows. As we observe those lower highs on a chart, they can take on the appearance of steps. In a downtrend, the steps go down, while in an uptrend the steps go up.
W Bottoms and Tops chart patterns are formed when a stocks price drops, then rises again before dropping once more and rising for a second time, creating a W-shaped pattern on the chart. The pattern signals that the downtrend may be reversing into an uptrend.
The ABCD pattern is a visual, geometric chart pattern comprised of three consecutive price swings. It looks like a diagonal lightning bolt and can indicate an upcoming trading opportunity. This is a valuable pattern to know, as it reflects the rhythmic style in which the market often moves.
Patterns are the distinctive formations created by the movements of security prices on a chart and are the foundation of technical analysis. A pattern is identified by a line connecting common price points, such as closing prices or highs or lows, during a specific period.
Stock chart patterns are lines and shapes drawn onto price charts in order to help predict forthcoming price actions, such as breakouts and reversals. They are a fundamental technical analysis technique that helps traders use past price actions as a guide for potential future market movements.

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