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The pattern chart or the price is the pattern in the chart when the price is created graph. In stock trading and commodity markets, the study of chart patterns plays a major role during technical analysis. When data is plotted there is usually a pattern that naturally occurs and repeats over a period. The chart pattern is used as a reversal or continuation signal.
Video Chart pattern
See also
- Market trends
- Trends follow
- Elliot's waves
- The candlestick chart
- Trade price action
Source of the article : Wikipedia
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