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charting - Trend formations - Introduction

As already announced, I would like to close in coming months, the topic trend formations. Let me start with the fact that I have some preliminary thoughts - some perspective on what to expect in that list.

in the next couple articles I introduce to you the main formations:

• the shoulder-head-shoulder (SKS) and the shoulder inverse head and shoulders pattern (iSKS) ,
• the M-and W-band ,
• the triple and high- triple deep formation ,
• the symmetrical, ascending-descending and triangle formation
• and pennants and flags formation .

These formations, we will assign specific trends, namely

• the primary trend ,
• the secondary trend
• and tertiary trend.

will also learn about the formations

• existing trend likely to continue (upward or downward)
• and which have a reversal signal.

I will also show you where you can draw in the various formations signals.

And finally we will examine whether the volume of development confirms the respective signals.

As you can easily see, this issue will be very demanding. I hope you enjoy and have to say.