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You can utilize chart patterns in two different ways.
1) Trade price between well-defined boundaries (need to find a clear chart pattern at early stages)
2) Trade breakouts through chart pattern boundaries
I favor 2.
1) Trade price between well-defined boundaries (need to find a clear chart pattern at early stages)
2) Trade breakouts through chart pattern boundaries
I favor 2.
Following examples will highlight why I favor:
1⃣Breakout strategies
2⃣Horiozontal chart pattern breakouts
3⃣Rectangle setups with several tests of chart pattern boundary
1⃣Breakout strategies
2⃣Horiozontal chart pattern breakouts
3⃣Rectangle setups with several tests of chart pattern boundary
