Dear friends Chart patterns are a very effective type of technical analysis that focus more on price action instead of indicators. Even though indicators can be effective, they rely on past data which means that they're not as accurate as you think.
Chart patterns have quite a high success rate but their detection is subjective; you need to have experience with patterns if you want to see the best set-ups.
Chart patterns have different characteristics and some of them are only formed under certain circumstances.
Chart patterns have quite a high success rate but their detection is subjective; you need to have experience with patterns if you want to see the best set-ups.
Chart patterns have different characteristics and some of them are only formed under certain circumstances.
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