Trading Chart Pattern Urdu Book

Trading chart patterns are recognizable geometric shapes formed by price action that are used in technical analysis to predict future market direction. They fall mainly into two categories:

• Reversal Patterns (like Head and Shoulders or Double Tops/Bottoms) signal that the current price trend is likely to end and reverse direction.

• Continuation Patterns (like Flags, Pennants, or Triangles) suggest that the market is taking a brief pause (consolidating) before resuming the original trend.

Successful trading with these patterns relies on identifying them clearly and waiting for a confirmed breakout—the price moving decisively past a key support or resistance level.