Advanced chart patterns like the Cup and Handle, Rising Wedge, and Falling Wedge are essential for predicting market movements. The Cup and Handle is a bullish continuation pattern with a U-shaped “cup” followed by a consolidation “handle.” A breakout above the handle signals a potential upward trend. The Rising Wedge is a bearish reversal pattern indicating waning bullish momentum, signaling a sell when the price breaks below its lower trendline. In contrast, the Falling Wedge, a bullish reversal pattern during a downtrend, indicates potential gains when breaking above the upper trendline. Mastering these patterns aids in making informed trading decisions.
| Sub-course | Link |
|---|---|
| Advanced Chart Patterns: Cup and handle, rising/falling wedges | View Course |
| Advanced Indicator Combinations: How to combine multiple indicators | View Course |
| Harmonic Patterns: Gartley, butterfly patterns | View Course |
| Price Action Trading: Reading and interpreting candlestick patterns | View Course |
