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Re: How good are Reversal Chart Patterns?

Krelian99, Tue Feb 28, 2017 8:26 pm

SHS and Double Top/Bottom

Are the most important two reversal chart patterns in Forex. In stockmarket are some more but these are very seldom in the FX universe. Different markets - other preferences of patterns, I guess. 

Diamond

On higher tfs the RBA seems to have fun from time to time and gives us a diamond. With some fantasy you'll find more diamonds   /* I found more and will give pics later

Cup and Handle

A well know pattern in stockmarket is the cup and handle pattern. In good old days it was also in Forex present. Today, Forex traders seem to prefer faster reversals or at least ones with more volatility like the SHS.
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