Welcome, please press play to get started. Please note, if you’ve taken our course on Reversal Patterns then skip through the first two lessons, they are repeated here.
Introduction to price patterns
Price patterns show us changes in participant psychology. These changes create recognisable, repeatable patterns in the price. Once understood and applied correctly by a trader, price pattern analysis can provide them with significant insights into a market’s price action.
There are two types of pattern, Continuation patterns and Reversal patterns. This course covers the former, more on the latter can be found in our Reversal Price Patterns course.
Continuation patterns
Continuation patterns occur when the prevailing trend consolidates, the recognisable pattern forms, and the trend continues.
Reversal patterns
Reversal patterns occur when the prevailing trend consolidates, the recognisable pattern forms, and the trend reverses.
- Price patterns show us changes in participant psychology. These changes create recognisable, repeatable patterns in the price.
- There are two types of price patterns, continuation and reversal.
If you’re happy with everything please click ‘complete’ to move on. You will be able to come back to the lesson.
