Chart-pattern Base Trading Part 3#Trading #Option's👑TrendTalk👑

NSE:BANKNIFTY   Nifty Bank Index
Topic - Chart-pattern Base Trading Part 3

Do chart patterns really work in trading?
In some cases, traders believe them to be reliable indicators, and plenty of performance percentage claims online support that assumption. A study by Michael Kahn indicated that chart patterns exhibit a degree of accuracy in predicting price reversals, attributing an 89% success rate to the head and shoulder pattern.

Which chart pattern is best for trading?

11 chart patterns for trading
Symmetrical triangle.
Double top.
Double bottom.
Head and shoulders.
Rounded top or bottom.
Cup and handle.

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