BREAKOUT PATTERNS
Identifying Breakout Patterns is one of the most popular ways to time the market. These are time-tested techniques that have proven more reliable than most other styles of technical analysis. They can be used in any timeframe depending on your chart permutation, i.e., monthly, weekly, daily, minute charts.
One trick is to identify if the security tends to repeat a particular pattern regularly and noting the outcome thereafter. This gives the trader more confidence in taking a position knowing that the decision is backed up with a high probability of success.
Featured in this Tutorial are some of the most popular patterns found in most securities. There are obviously more patterns out there. In time, you will come across them and learn them all.
In addition to price breakout confirmations, pattern failures are also an important feature in identifying quick opportunities for a profit.
To really learn and appreciate the accuracy and reliability of Breakout Patterns, you must understand its psychology and rationale by attending this Online Tutorial by Conrad Alvin Lim.
The Tutorial comes with a complete feature of 36 Breakout Patterns and a video of how to read and apply Breakouts into your trading/investing analyses.
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You can also choose to purchase our unique Breakout Patterns Quick Reference Cards™ at our bookshop.