Chart Patterns Trading

There is another trading tip to trade with Chart Pattern and I explain diffrent types of chart patterns in it. If you are trader you must know about these things to trade perfectly and you will be fine if you get good results. Its is also that you will be satisfy when you get good result from your trading these things apply all types of trading like Forex trading, Stock trading and also Commodities trading. there is different types of pattern to do trade I will explain it one By one.

1.Double Top and Double Bottom chart patterns

These types of pattern is like that If you suppose market going to upwards and you are seeing that market touch one are and after that come down. after some hours or days market again go up and touch Similar area like previous one then you understand that its working fine and its become Double top pattern after become this pattern you should wait to break neck line. and you can take trade on it. in Double bottom you will also see opposite of upwards pattern in this situation market will go down.

2. Head and Shoulder pattern.

If you are new in this trading you will not find head and shoulder pattern easily because is little tricky you must have some practice to find these type of patterns and after that you will be perfect to find some pattern like this. Head and shoulder pattern is like humman head and also like shoulder so you just need to see it clearly and wait for break the nick line to take the trade as well.

3. Wedge Chart Pattern

Wedge is also Important thing to do trade because when you are trading some pairs its like market going up and suddenly going slow up and after that going fastly down and break its Neck line so must be careful to trading these things. it can be bear or bull.

4. Rectangle Chart Pattern

Its like rectangle and you can find best things to trade very well Forex stock and commodities has similar pattern like this and mostly trader are doing trading with only this pattern so this is also easy but in start you need more practice.

5. Bearish and Bullish Pannent

This chart pattern like a Flag of pannent it can Appear in Bull or bear market you should find as well. This is also good to work on it but its still up to trader who is using it. Pannent chart pattern also good but not much easy to predict so you must have good knowledge of it.

6. Triangle Chart Pattern

Triangle is good pattern to trade and also easy when i was started trading I work on triangle chart pattern and also find best to trade. This make well i must suggest that if you are new to trade you must need to follow this. this will make you good in trading.

I try my best to provide good knowledge hope you will get good results from it.

always remember that don't be hurry and just wait for your time to find the best trade.