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V. 22:9 (50-52): Sidebar: The geometry of chart patterns by Teresa Lo

V. 22:9 (50-52): Sidebar: The geometry of chart patterns by Teresa Lo

Pattern recognition is made simple using the swing lines of the classic swing indicator. Together with PowerSwing bars (not shown), the indicators act as visual aids, and basic geometry helps identify the pattern in addition to support and resistance points. Traders can look for entries based on their style of trading, often in conjunction with other technical indicators.

Sidebar Figures 1–4 are some examples of chart patterns that were identified as they formed in real time.


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