Chart Pattern to determine where to breakout the market ?

[Upoctin]

Chart pattern / chart structure helps us determine where to breakout the market. They also indicate whether the price will continue or reverse the current direction so we can easily choose our strategy based on the chart pattern.

Below are some famous chart patterns.

1. Double top and double bottom
2. Head solder and inverted HNS.3
. Rising / Failing Wage
4. Rectangular
5. Triangle

[boltushkin]

From the patterns you mentioned I use only head and shoulders on major FX pairs and stock CFDs with Hotforex because according to my experience this pattern is hard to see but that's why its really rewarding you have to train your eye a lot. 

[Vaabum]

Usually, with experience, a trader already feels the market very well and knows what and where is best to do.

[FXOpen Trader]

On 12/3/2021 at 10:45 PM, Vaabum said:

Usually, with experience, a trader already feels the market very well and knows what and where is best to do.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

[Vaabum]

From my own experience, I can say that this already comes with experience in the market.

[FXOpen Trader]

On 12/16/2021 at 3:25 AM, Vaabum said:

From my own experience, I can say that this already comes with experience in the market.

We should try to know and understand about the various types of chart patterns.

[Vaabum]

To be honest, during my work I have already become sufficiently convinced that you can only trust yourself.

[FXOpen Trader]

On 2/13/2022 at 3:25 PM, Vaabum said:

To be honest, during my work I have already become sufficiently convinced that you can only trust yourself.

We will need to remain more vigilant so that the losses could be avoided by us in the coming days.

[Vaabum]

Feeling it will be quite difficult. Here you need to understand exactly what to do.

[FXOpen Trader]

On 2/19/2022 at 2:02 AM, Vaabum said:

Feeling it will be quite difficult. Here you need to understand exactly what to do.

We will need to first of all try to understand about the Chart Patterns.

[Vaabum]

Guys, you need to understand that no one will tell you the exact information. It's a market...

[Dora Wi]

13 hours ago, Vaabum said:

Guys, you need to understand that no one will tell you the exact information. It's a market...

It may be so, but I think there are a lot of resources that we can use to benefit our trading. We don't have to figure out everything on our own.

[Vaabum]

It's an interesting strategy, but I wonder how it will work?

[FXOpen Trader]

On 2/28/2022 at 10:51 PM, Vaabum said:

It's an interesting strategy, but I wonder how it will work?

We should make use of such kind of a trading system that is more reliable for us.

[Vaabum]

On 3/14/2022 at 4:51 AM, FXOpen Trader said:

We should make use of such kind of a trading system that is more reliable for us.

Absolutely right. And it is also important to be able to competently work with analysis in order to understand the movements of the market.

[FXOpen Trader]

On 4/3/2022 at 4:29 PM, Vaabum said:

Absolutely right. And it is also important to be able to competently work with analysis in order to understand the movements of the market.

When we are doing correct type of analysis into the markets then our income from trading will also get increased.

[Vaabum]

It should be understood that this is quite difficult, and it is quite difficult to achieve this result.

[FXOpen Trader]

52 minutes ago, Vaabum said:

It should be understood that this is quite difficult, and it is quite difficult to achieve this result.

We will need to understand about the Chart patterns so that the income we are going to get can be increased.

[Vaabum]

Honestly, it just needs to be felt. But for this you need to have enough experience. Otherwise, nothing happened.