Chart Patterns Archives - Tradingsim
Chart Patterns

Rectangle Pattern: 5 Steps for Day Trading the Formation

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Today we will discuss one of the most popular continuation formations in trading – the rectangle pattern. How can something so basic as a rectangle be one of the most powerful chart formations? Well, wait no further, we will show you how to identify the pattern and the 5 essential steps to trading the rectangle formation. The Meaning of the Rectangle1 Read the full article >

Chart Patterns

How to Trade Head and Shoulders Tops and Bottoms

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What are head and shoulders patterns? Head and shoulders tops and bottoms are reversal chart patterns, which can develop at the end of bullish or bearish trends. Traders like to trade head and shoulders formations as the price targets are very predictable and the formation has an overall success rate greater than 70%. What do head and shoulders tops look1 Read the full article >

Chart Patterns

6 Best Price Action Trading Strategies

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http://alton-hill-jr.wistia.com/medias/2pixul88bf?embedType=async&videoFoam=true&videoWidth=350 Overview of Price Action Charts If you browse the web, at times it can be difficult to determine if you are looking at a stock charts or hieroglyphics.  When you see a chart with a ton of indicators and trend lines, it is likely a trader trying to overcompensate for a lack of certainty. For example, I have talked1 Read the full article >

Chart Patterns

3 Strategies for Trading Flags and Pennants

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Flags and pennants are foundational chart patterns of technical analysis.  What I mean by this is most technical traders have heard of the patterns, as these are easy to recognize.  Most of the trading strategies documented for flags and pennants are straightforward and somewhat boring to be honest. In this article, I plan to challenge the norm and coming up with1 Read the full article >

Chart Patterns

Best Day Trading Chart Patterns

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Don't you just love the word "best" as it applies to anything in life?  Well, wait until we walk through the best chart patterns for day trading and you will see sometimes that the use of this adjective is applicable. As a trader, you are literally bombarded with hundreds, if not thousands of trade opportunities on a daily basis.  You can1 Read the full article >

Chart Patterns

3 Strategies for How to Trade the Cup and Handle Pattern

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The cup and handle pattern is one of the oldest chart patterns you will find in technical analysis.  In my experience, it's also one of the more reliable chart patterns, as it takes quite some time for the formation to setup.  In this article, I will cover 3 strategies for how to trade cup and handle patterns that you will1 Read the full article >