Classical Price patterns are one of the oldest and time tested ways of identifying the health of the trend and for setting up trades. There are several patterns out there, with some more popular and more reliable than the others.
A few weeks ago, we conducted a three-series webinar on Classical Patterns wherein we talked about some of the most reliable classical patterns, some of them reversal and some of them continuation.
In the first of these three webinars, we started discussing about the basic aspects of a trend and then talked in detail about a few classical price patterns: These were the things we covered in the first webinar:
- The three types of trend
- Six ways in which a trend can change
- Polarity principle
- Double top pattern
- Double bottom pattern
- Triple top pattern
- Triple bottom pattern
- H&S top pattern
- H&S bottom pattern
To understand the aforementioned concepts and classical patterns, we suggest you click here to watch the recording of the fist webinar on Classical Price Patterns.