In our previous two articles on chart patterns (Part 1, Part 2), we reached the point where we know what the main
types of chart patterns are, how to identify and validate them, while we also placed them in the context of trend and cycle analysis and used them to start constructing a comprehensive trading plan as well.
There are many different
types of chart patterns, including:
Specifically, swing traders need to know which technical criteria and
types of chart patterns they should -LSB-...]
Specifically, swing traders need to know which technical criteria and
types of chart patterns they should be looking for, in order to find the best stocks to buy right now.
Not exact matches
Combo Setup — The stock must have a combination
of great earnings growth and strong technical price action (some
type of bullish
chart pattern).
This is healthy price action and has led to the formation
of a «bull flag»
type pattern on its daily
chart.
Other
types of signals are more discretionary and can rely on pure price action and buying breakouts
of price ranges, trend lines, and
chart patterns.
There are several ways to trade this, some more aggressive than others, and it's good to know how different
types of traders are likely to approach this
chart pattern, regardless
of the technique that you choose to use.
The two major
types of technical analysis are
chart patterns and technical (statistical) indicators.
It is an extremely popular
type of triangle
chart pattern known in technical analysis.
Users
of the app can cycle through various
charts to detect any
types of patterns in an individual player or for the entire team.