Learning Objectives:
- Identify and analyze continuation patterns
- Recognize reversal patterns
- Understand pattern context and validity
- Learn pattern measurement techniques
- Master pattern-based trading strategies
- Continuation Patterns
- Flag Patterns
- Bull and bear flags
- Pattern formation criteria
- Volume characteristics
- Target measurement
- Triangle Patterns
- Symmetrical triangles
- Ascending triangles
- Descending triangles
- Volume considerations
- Other Continuation Patterns
- Pennants
- Rectangles
- Wedges
- Cup and handle
- Reversal Patterns
- Head and Shoulders
- Regular head and shoulders
- Inverse head and shoulders
- Neckline analysis
- Target calculation
- Double/Triple Patterns
- Double tops and bottoms
- Triple tops and bottoms
- Pattern confirmation
- Stop placement
- Complex Reversal Patterns
- Rounding patterns
- Diamond patterns
- Complex head and shoulders
- Multiple timeframe confirmation
- Pattern Analysis Framework
- Context Analysis
- Trend identification
- Support/resistance levels
- Volume confirmation
- Timeframe alignment
- Pattern Validation
- Pattern criteria checklist
- False pattern identification
- Pattern failures
- Risk assessment
- Measurement Techniques
- Pattern height projection
- Fibonacci extensions
- Time projections
- Risk-reward calculation
- Pattern Trading Strategies
- Entry Methods
- Breakout entries
- Pullback entries
- Pattern completion entries
- Early pattern entries
- Risk Management
- Stop loss placement
- Position sizing
- Target setting
- Trade management
- Pattern Combinations
- Multiple pattern setups
- Pattern confirmations
- Failed pattern opportunities
- Pattern transitions
Glossary of Key Terms:
- Head and Shoulders
- Flag Pattern
- Wedge Pattern
- Cup and Handle
- Channel Patterns
- Pennant
- Triangle
- Head and Shoulders
- Neckline
- Double Top
- Double Bottom
- Breakout
- Breakdown
- Pullback
- Pattern Height
- Pattern Target
- Pattern Failure
- False Breakout
- Volume Confirmation
- Pattern Completion
- Pattern Context
- Pattern Validity
- Measured Move
- Pattern Stop
- Pattern Risk
Assessment Methods:
- Pattern identification exercises
- Pattern measurement practice
- Trading strategy development
- Risk management scenarios
- Final module assessment
Resources Provided:
- Pattern recognition handbook
- Measurement templates
- Trading strategy guides
- Risk calculation tools
- Real market pattern examples