Simple Price Pattern

Price pattern means that it is more or less a pattern that emerges from price movements. This

is the implementation of one of the basic principles of technical analysis which says that

history repeats itself (history always repeats itself). Evidently,

from time to time traders realize that price movements form certain patterns that tend to

repeat themselves. Based on this "historical experience" traders can then predict the next

price movement when a pattern appears.

Basiccally there are 2 (two) types of pattern, namely :

1. Reversal Pattern

2.Continuation Pattern