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How to Read a Forex Chart

When looking at a chart we have the option to view the price formations in four main styles, these are: Line, Bar, Candle and Point and Figure. All of these have their strengths and weaknesses and which style you choose will be a matter of personal preference.

1. Line Chart

9.   Price Patterns
2. Bar Charts 10. Head and Shoulder Pattern
3. Candlestick Charts 11. Double Tops and Bottoms
4. Point and Figure Charts 12. Flag and Pennant
5. Trend Lines 13. Triangles
6. Support Line 14. Wedge
7. Resistance Line 15. Waves within waves
8. Resistance Broken 16. Cycles









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