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Written on 15 March 23. Posted in Forex | Takes 15 min reading.

The problem is, not many beginner traders know the meaning of Chart Patterns because they still rely on indicators as trading signals. In fact, most indicators are derived from price movements on the chart itself. Logically, if you can see the dynamics of the market with the naked eye, why bother installing a pile of indicators?
Chart Pattern is a price chart pattern that occurs repeatedly, so the pattern can be used to predict where the price will move . Chart Patterns are very important in technical analysis, because apart from being able to detect price direction, this pattern can also be observed on all timeframes, from minutes to months.