Chart Patterns PDF

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Chart Patterns - Summary

A chart pattern is an important idea in trading that helps you understand how prices move over time. Chart patterns show special shapes formed on price charts, which help predict future price changes using past data. Knowing these chart patterns is very useful for technical analysis, and every trader should learn to read them clearly.

Chart patterns, also called price patterns, appear when prices are shown on a graph. In Indian stock and commodity markets, studying these patterns is very helpful during technical analysis. When prices are plotted on charts, certain patterns form naturally and often repeat. These patterns can either signal a price reversal or a continuation, helping traders make better decisions.

Common Types of Chart Patterns in Trading

There are mainly three types of chart patterns that analysts and traders watch carefully:

  • Traditional Chart Patterns
  • Harmonic Patterns
  • Candlestick Patterns

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