Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart ...
The head and shoulders pattern might be the most popular stock chart pattern in technical analysis. It gets its name from the fact that it resembles a human head flanked by a set of shoulders.
In any case, flexibility is required in interpreting these chart patterns. This is why support and resistance levels are sometimes zones rather than precise numbers. There is nothing magical about ...