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Chart Patterns

There are two main types:

- Trend continuation patterns

- Reversal patterns

The most important ones, only I know:

- Double and triple top

- Double and triple bottom

- ETE and ETEi

- Triangle and flag

The psychology behind these patterns:

Double/triple bottom, ETEi: Reflects investors' determination to prevent the price from creating a new low and their intention to reverse the situation

Double/triple top, ETE: Reflects investors' determination to prevent the price from creating a new high and their intention to reverse the situation

Triangle and flag: Reflects the weakening of investors' power

NB: We don't trade chart patterns as we are shown on social media; that's marketing. Chart patterns are one of the confirmation methods in trading. They allow traders to anticipate the future direction of the asset. It is up to the trader to adapt a strategy based on them.