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A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or continuation signals.
Video Chart pattern
See also
- Market trends
- Trend following
- Elliot wave
- Candlestick chart
- Price action trading
Source of the article : Wikipedia