Chart patterns point traders to high probability trading opportunities by allowing them to accurately measure risk and reward. Chart patterns also capture crowd emotions and expose the emotional people that make pricing errors. But there are only a handful of easily recognizable chart patterns that appear with frequency. To find these patterns, we need to start with classical chart analysis, which will improve our chances of successfully executing trades.

This presentation lays the groundwork for using pattern recognition tools and then shows how these tools are used to create precise definitions of high-probability patterns. These are end-of-day patterns which offer three-to-fifteen-day trading opportunities and which may also be applied to intraday trading.

This dynamic presentation will teach you how to:

• Accurately identify high-probability trading patterns
• Set accurate entry points, stop loss levels, and reward targets
• Plot and use trend lines and support lines correctly
• Manage trading risk with confidence

Use Snapshot Trading by Daryl Guppy as an additional reference