Analyzing Technical Chart Patterns - Learn Basic Technical Analysis

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New Video Tutorial Visit MarketGeeks.com Technical Analysis Trading Report Please Subscribe To Our Channel Swing Trading Videos & Trading Tips!

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Several Requests From Beginners Introduction To Technical Analysis & Charting

Learn Basic Chart Patterns Good Review For Seasoned Traders

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History Repeats Itself This Is The Basic Assumption In Technical Analysis Technical Patterns Are Based On Human Behavior Human Behavior Is Not Random Chart Patterns Repeat Just Like Human Behaviors Traders Use Chart Patterns To Help Predict Future Market Behavior

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Computers Did Not Destroy Visual Analysis Professional Traders Did Not Abandon Charts Some Traders Use Charts And Technical Indicators Some Traders Prefer Charts Over Technical Indicators Basic Technical Analysis Is More Popular Than Ever

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There Are 2 Type Of Trading Patterns Reversal Pattern Trend Reverses After Reversal Pattern Completes

Continuation Pattern Trend Continues After Continuation Pattern Completes Copyright Š 2007-2013 Market Geeks, LLC. All Rights Reserved.


The Head And Shoulders Pattern

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The Head And Shoulders Pattern Neck Line

Neck Line

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The Double Top And Double Bottom Similar To Head And Shoulders Pattern Formed After Sustained Momentum Move Signals Reversal Of Trend

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The Double Top And Double Bottom

Double Top – 2 Attempts To Move Higher Double Bottom – 2 Attempts To Move Lower

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Continuation Chart Patterns Opposite Of Reversal Patterns Typically Seen After Volatile Move Occurs Creates Low Risk Entry Opportunity

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The Pennant And Flag

In A Pennant Middle Section = Converging Trendlines In Flag Middle Section = Channel Pattern & No Converging Trendlines Both Patterns Are Continuation Patterns Copyright Š 2007-2013 Market Geeks, LLC. All Rights Reserved.


Things To Remember - Continuation Patterns Opportunity To Enter Volatile Market During Quiet Period Provides Great Risk To Reward Profile Very Popular For Swing Trading & Day Trading

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Difference Between Continuation And Reversal Patterns After Reversal Pattern Completes The Market Reverses Direction After Continuation Pattern Completes Market Continues Direction

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