2 Types of Chart Pattern are Continuation Pattern and Reversal Pattern as show in the chart.
Continuation Pattern
1. Symmetrical Triangle
2. Triangle
Reversal Pattern
1. Ending Diagonal
2. Expanding Diagonal (Broadening)
3. Channel
For best practices, draw channel and then adjust the 2nd line to confirm either triangle or diagonal.
Example Up trend :
Market Up Trend, draw channel (Bullish / Up trend) by starting draw support trendline as 1st line.
For 2nd line, draw resistance trendline as channel.
Adjust 2nd line to become triangle or diagonal if applicable.
Example Down trend :
Market Down Trend, draw channel (Bearish / Down trend) by starting draw support trendline as 1st line.
For 2nd line, draw resistance trendline as channel.
Adjust 2nd line to become triangle or diagonal if applicable.
Sebagai latihan yang baik, lukis Channel terlebih dahulu kemudian ubah garis kedua untuk dapatkan garis sama ada triangle atau diagonal.
Contoh Up Trend :
Market Up Trend, lukis channel (Bullish / Up trend) dengan melukis support trendline as garis nombor 1.
Untuk garis nombor 2, lukis resistance trendline sebagai channel.
Ubah garis nombor 2 untuk jadi triangle atau diagonal jika sesuai.
Contoh Down Trend :
Market Down Trend, lukis channel (Bearish / Down trend) dengan melukis resistance trendline as garis nombor 1.
Untuk garis nombor 2, lukis support trendline sebagai channel.
Ubah garis nombor 2 untuk jadi triangle atau diagonal jika sesuai.