Patterns Trading Indicators

There are a number of different patterns that can be used when trading indicators. Some common patterns include head and shoulders, double tops and bottoms, triangles, and wedges. Each pattern can provide clues about the future direction of the market. For example, a head and shoulders pattern typically indicates that the market is going to reverse course. Double tops and bottoms can indicate either a continuation of the current trend or a reversal. Triangles can also indicate either a continuation or a reversal, but they typically occur near the end of a trend. Wedges often occur during corrective phases within a larger trend and can give clues about where the market is headed next.