Chart Patterns are well established in forex and CFD trading and work as well for cryptocurrency investing. There are numerous chart patterns and lots of gimmicks in the market but the old well established one have specific rules that make them successful and easy to apply and trade.

There are numerous types of patterns, all named according to the shapes that the price graphs form between the support and resistance lines. The general types of patterns include Triangles, Channels, Wedges, and Head-and-Shoulders.