Forex Charts Technical Patterns analytic learning 9 - Forex Technical Graphics Technical Patterns Summary

PS: There are three types of technical forms: continuous form, reverse form, and bilateral form (capable of running in either direction).

In this lesson, we have put together a small memo about technical forms so that you can remember all of them and the significance of the signals they send.

We have listed the vast majority of technical patterns here, and when these patterns are formed, they signal which direction the exchange rate will move in, which we need to keep in mind.

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You may also want to bookmark this small memo so that you can familiarize yourself with these technical patterns over and over again before trading on a live account.

You may have noticed that we don't always cover triangular forms (symmetrical triangles, ascending triangles, and descending triangles) in this memo.

That's because these form skills can form in an uptrend as well as a downtrend, and can signal either a continuation or a reversal.

As we have always emphasized, it is difficult to determine in which direction the price will break through.

What's important is that you set your stop entry order in advance, so you can catch the upcoming breakout in either direction.