"A visual footprint of market psychology."
What is a Chart Pattern?
A chart pattern is a recurring geometrical structure formed by price action. It represents a period of "consolidation" or "indecision" before the market decides its next major move.
The Pro Perspective:
"Patterns are not magic lines; they are visual records of the battle between buyers and sellers."
Key Characteristics:
- Identifies equilibrium between supply and demand.
- Provides a standardized "if/then" framework for entries.
- Reveals historical price memory and institutional zones.