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Trading Patterns Cheat Sheet
Trading patterns in the financial markets are created by the action of traders and investors buying and selling positions in different time frames. Here are the different types of patterns that emerge through buyers and sellers behavior. 1. Buyers and sellers are always equal with every trade it is the price levels that they meet at that changes. 2. Trend lines are vertical or horizontal resistance or support levels created by buyers and sellers inside a trend to create lower lows, higher highs, or price ranges. 3. When buyers keep coming in at a price level you will see a key support level in a range. 4. When ... (full story)