Chart Pattern
Chart Pattern
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We have premium subscription in TradingView. TradingView has in-built indicators to draw chart patterns automatically on the chart, and these indicators are only available to premium subscription users.
We will send notifications on Telegram to our users when any chart pattern forms on particular stocks.
About Chart Patterns
Chart patterns are an integral aspect of technical analysis, but they require some getting used to before they can be used effectively.
A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past. Chart patterns are the basis of technical analysis and require a trader to know exactly what they are looking at, as well as what they are looking for.
Best Chart Patterns
Head and Shoulders
Double Top
Double Bottom
Rounding Bottom
Cup and Handle
Wedges
Pennant or Flags
Ascending Triangle
Descending Triangle
Symmetrical Triangle
Some patterns are more suited to a volatile market, while others are less so. Some patterns are best used in a bullish market, and others are best used when a market is bearish.
