This will be an exciting ActivTrades free webinar with a new guest speaker Rishi Patel that will discuss what do price action patterns really mean, what’s the market telling us, and what are the statistics around these setups.
Transitions between bullish and bearish trends are often signaled by price patterns. Price action patterns put all buying and selling into perspective by consolidating the forces of supply and demand into a concise picture, they further provide a framework to analyze the battle raging between bulls and bears.
When a price pattern signals a change in trend direction, it is known as a reversal pattern and a continuation pattern occurs when the trend continues in its existing direction following a brief pause.
More importantly, chart patterns and technical analysis can help determine who is winning the battle, allowing traders and investors to position themselves accordingly.
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