What are chart patterns & formations in price action trading?

Recognizing specific chart patterns and formations in price action trading is crucial to understanding potential market movements. These patterns indicate bullish or bearish trends and help determine strategic entry and exit points.

What are price action trading strategies?

Price action trading strategies are dependent solely upon the interpretation of candles, candlestick patterns, support, and resistance, pivot point analysis, Elliott Wave Theory, and chart patterns .

How many chart patterns should a price action trader know?

To complete your price pattern education, don’t miss: From the popular Head & Shoulders to the less common Cup & Handle, these are 10 chart patterns every price action trader should know.