Pattern

It is a recognizable and repeatable formation of price movements on a financial chart, which can be used to identify potential future price trends and make trading decisions. There are many types of patterns, including chart patterns, candlestick patterns, and technical indicators.

• Chart patterns are formed by connecting highs and lows on a price chart, such as a line chart or a bar chart.
  

• Candlestick patterns are formed by the shapes and positions of individual candles on a chart.

• Technical indicators use mathematical calculations based on price and/or volume data to generate signals about future price movements. Some common technical indicators include moving averages, the relative strength index (RSI), and the stochastic oscillator.

Patterns are used by traders to help identify potential opportunities and risks in the market. Also, it is important to remember that patterns are not always reliable and should be used in conjunction with other analysis techniques to make informed trading decisions.