Trading Reversal Patterns and Continuation Chart Patterns
Energies Trading Chart Patterns - Energies Technical Analysis Trading Chart Patterns Energies Trading StrategiesEnergies trading chart patterns are graphical representations of repeating energies price action formations that are commonly used in the energies trading market.
Energies Trading Chart Patterns is one of the studies used in energies technical analysis to help energies traders learn how to recognize these repeating Energies Trading Chart Patterns formations.
These Energies Trading Chart Patterns are important in energies trading because when the energies market is not moving in a particular direction it is forming a energies chart pattern. It is important to know these Energies Trading Chart Patterns formations so as to have an idea of what might be the next move in the energies trading market.
When energies price movements are drawn there are several Energies Trading Chart Patterns formations that occur naturally and repeat themselves over and over again. These Energies Trading Chart Patterns formations are used by a lot of energies technical traders to predict the next energies market move.
Traders often study these Energies Trading Chart Patterns formations to gauge supply and demand forces that form the basis for energies price fluctuations.
These Energies Trading Chart Patterns are classified in to 3 different categories:
1. Reversal Trading Patterns
- Double tops Energies Trading Chart Patterns
- Double bottom Energies Trading Chart Patterns
- Head and shoulders Energies Trading Chart Patterns
- Reverse head and shoulders Energies Trading Chart Patterns
2. Continuation Chart Patterns
- Ascending triangle Energies Trading Chart Patterns
- Descending triangle Energies Trading Chart Patterns
- Bull flag/pennant Energies Trading Chart Patterns
- Bear flag/pennant Energies Trading Chart Patterns
3. Bilateral
- Symmetric triangle - Consolidation Chart Patterns
- Rectangle - Range Energies Trading Chart Patterns
Reversal patterns - Energies Trading Chart Patterns - confirm the reversal of the energies market energies trend once this reversal chart pattern setup is confirmed. These Reversal Chart Patterns are formed after extended energies market energies trend either upward or downwards and these reversal energies patterns signal that the energies market is ready to reverse.
Continuation patterns Energies Trading Chart Patterns - are formations that set up the energies market for a energies trend continuation move in the direction of the prior Energies trend. These Continuation Chart Patterns are formed when the market is taking a pause before continuing in the same direction of the previous Energies trend.
Consolidation patterns Energies Trading Chart Patterns - form when the energies market is taking a break before deciding the next direction to take. When these Consolidation Chart Patterns are formed - the energies market is trying to decide which direction to trade.
Technical Energies Trading Chart Analysis of Energies Trading Chart Patterns
There are two different types of energy chart analysis, these two may seem similar but are not: the two are:
- Japanese Candlesticks Patterns - Study of a single energies trading candle - Read Japanese Energies Trading Candlesticks Patterns
- Energies Trading Chart Patterns - Study of a sequence of energies candlesticks formations
(This learn energies tutorial is about the second option above - Energies Trading Chart Patterns)
The different topics for these two types energies analysis are:
Japanese Energy Candlesticks
Energies Trading Chart Patterns Guides
The examples below also illustrate the difference of the arrangements of these two energies technical analysis methods.
Candles Patterns - Study of a single candlestick
Energies Trading Chart Patterns - Study of a sequence of energies candlesticks
