Classic Patterns

Classic patterns are fundamental tools of technical analysis, helping traders identify reversal and continuation trends. They are categorized based on price behavior and chart structures and are widely used across all financial markets, including forex, stocks, and cryptocurrencies. Reversal patterns indicate trend direction changes and typically appear after strong price movements. The most common reversal patterns include Head & Shoulders, Double Top & Double Bottom, and Triple Top & Triple Bottom, which form at key support and resistance levels. On the other hand, continuation patterns indicate the persistence of the current market trend. Patterns such as Triangles, Flags, and Wedges represent structures that follow a corrective phase, continuing the previous trend. Accurately identifying these patterns requires a deep understanding of market structure, volume analysis, and breakout confirmations. On TradingFinder, specialized training is available on analyzing classic patterns, combining them with technical indicators, and integrating them into different trading strategies.