
Explore how chart patterns reflect market sentiment and psychology, from reversal and consolidation to continuation patterns, anchored by Dow Theory and support–resistance dynamics to anticipate future price movement.
Recognize reversal patterns by tracking sudden sentiment shifts at tops and bottoms, including V top and V bottom, signaling a rapid trend reversal.
Identify double tops and double bottoms as reversal patterns after a long trend, with a retracement to resistance or support, then a neckline breakout confirms entry, including three variations.
Learn to trade chart patterns with triple tops and triple bottoms, identifying breakouts at the neckline, resistance and support, and entry signals with volume for high-probability reversals.
Traders learn to identify multi-top and multi-bottom patterns defined by four or more peaks or bottoms, neckline breaks, and tests that flip old support into resistance for trend continuation.
Understand the head and shoulders pattern, including left shoulder, head, right shoulder, and the neckline break as a bearish reversal, plus inverted head and shoulders and practical entry rules.
Identify consolidation patterns, including channels and triangles, as larger neutral formations trading in a range before a breakout that signals a new trend, often signaling accumulation or distribution.
Explore channels as a consolidation pattern, using support and resistance within trading ranges; learn to trade inside or ride breakouts into new long-term trends, including false breaks.
Explore triangle chart patterns as consolidation patterns like channels, with collapsing support and resistance. Learn to trade breakouts and apply measured move targets for symmetrical, ascending, descending, and inverse triangles.
Learn to identify ascending and descending triangles, with rising support and flat or falling resistance, and anticipate bullish or bearish breakouts using neutral, evidence-based analysis.
Identify line patterns after a trend as reversal setups that often lead to a big breakout; these two-week patterns zigzag, may last weeks, and sometimes align with a bolinger squeeze.
Learn to trade chart patterns: identify inverted triangles by higher highs and lower lows with expanding support and resistance; trade inside by buying at support and selling at resistance.
Identify continuation patterns and gaps that signal trend continuation, with short counter-trend moves and diminishing volume that rebounds on breakout near pivot areas of support and resistance.
Learn how flag patterns form during a sharp price move, signaling a continuation with three to eight days of consolidation and volume declining inside the pattern before a breakout.
Explore stair step patterns, a flatter continuation pattern similar to flags that occur during strong trends, with declining volume during consolidation and a volume surge on breakout.
Identify pennant continuation patterns after a sharp move, with collapsing short-term support and resistance forming a tight triangle, volume declines, then rises on breakout to continue the trend.
Learn how rising and falling wedges function as continuation patterns formed by converging support and resistance lines, with rising wedges breaking bearish about 69% and falling wedges about 92% bullish.
Identify how gaps form when the opening price differs from the previous close, signaling overnight sentiment and the distinction between common and true gaps that may fill.
Identify breakaway gaps, the most profitable gaps that begin a new trend after accumulation or distribution, with high volume and gaps that stay open.
Explore runaway gaps, a continuation and measuring gap in a strong trend. Learn to measure the move and spot profitable setups, with examples like Exxon and Wynn Resorts.
Explore exhaustion gaps, signals that a trend has exhausted itself, and how volume patterns, with surges followed by drying up, precede a trend reversal or consolidation.
Spot island reversals, an exhausting gap followed by a breakaway gap, as a high probability reversal signal, with patterns often forming in threes and caution on a fourth gap.
Wrap up this chart patterns training and invite learners to explore more courses at trade smart university, visit trade smart dot com, and continue practicing for confident, happy trading.
This course is an in-depth training on the chart patterns that occur in stocks, forex, and futures markets. It is perfect for beginning/intermediate traders who already have an understanding of the market they are trading, but want to build strong skills in anticipating market moves. This course will teach reversal patterns, continuation patterns and consolidation patterns and emphasizes where to enter the trades on the pattern breakout.
Here you will learn the most profitable chart patterns to identify such as:
If you have been wanting to take your chart analysis to the next level, this course is the ideal place to start. It is expected that you already have some basic understanding of support and resistance and basic trading.
This course is not for you if you are a skeptic of technical analysis. It is not for you if you prefer to stare at business fundamentals and create an estimated value of a stock.
But if you understand the power of trading human sentiment and want to take your understanding to an even higher level, this course is perfect for you.