What are Classic Chart Patterns?
Geometrical and mathematical equations illustrates every incidents in the world.
Traders can use geometrical patterns due their repeat-ability characteristic to speculate future trend of financial market prices. There are two moods of patterns; Reversal and Continuation.
Traders can select most powerful and influential patterns to gather substantial information to order a trade on certain symbol.
Since they have specific geometrical principles, traders can utilize them considerably thus there are wide range of educational materials and articles with different explanations.
The Classic Chart Patterns including Head & Shoulders, Double Top & Bottom, Wedge, Pennant, Flag and Triangle Generate Reversal and Continuation signals.
Even if you think these trading strategies may not have important or powerful, although huge number of the traders use these strategies so they have great influence on the trend direction and future price shifts.
The signals and analysis from these strategies must have other confirmations like fundamental analysis and indicators for highest possible outcome.
If you are after the highly successful trading strategies, you can download our app, PFOREX Assist, and use your favorite strategies on your customized settings.
Note that our app will notify you in less than 1 second after the strategy has detected a trading opportunity based on our numerous trading strategies, so you don't need to watch the market price whole time.
One of the most powerful classic patterns which identifies reversal points. Our R&D team has selected the most influential mood with highest success. Our modified and improved version of this pattern under strict conditions can help traders to boost their rate of prosperous trades.Multiple Samples
Another reversal patterns that determines strong reversal prices and points. Considering its significance on markets trend and valid results, we have developed generated technical analysis under tough conditions to increment success rate.Multiple Samples
This classic chart pattern has 3 styles; Symmetrical, Ascending and Descending. Due to their several formats and moods with different slopes, they may be considerably complicated while they generate strong technical analysis and shows potent points. Through profound study by our R&D professional developers, our system has set to determine prime cases in different styles.Multiple Samples
For the sake of successful trade, traders must recognize support and resistance lines around this pattern correctly thus our system is set to detect most opportune cases.Multiple Samples
Across different inferences, there are various outcomes thus traders must have considerable experience and skills to find valid technical analysis, therefore we have designed most rigorous detector for highest possible quality.Multiple Samples
One of the most powerful patterns that has two formats; Rising and Falling. This pattern also indicates strong reversal spots on market price. Its body is like Triangle pattern but with some uneven waves and trends. Price fluctuates inside powerful Support and Resistance lines until a breakout shows good spot to place a lucrative order.Multiple Samples