Chart patterns pdf: What are Classical Candlestick Patterns

What are Classical Candlestick Patterns ? Classical or traditional chart patterns refer to a group of widely common price formations formed on price charts . These patterns are an integral part of technical analysis methodology and are widely used by analysts and technical traders to predict future price movements and establish a trading strategy. The actions of markets participants can be visualized by means of a stock chart . Over time, patterns are formed within these charts and each pattern con-veys a certain message. The job of a technical analyst is to identify these patterns and develop a point of view. Like any research technique, technical analysis stands on a bunch of assumptions. My free trading chart patterns PDF is the perfect tool to get you started, giving you a quick visual guide to the most important formations you'll see on the charts . Think of this downloadable cheat sheet as your go-to reference for spotting patterns on the fly. Your Essential Chart Patterns PDF This is your first step toward mastering price ...