TC and Technical Patterns

My charting analysis always includes looking out for particular technical patterns that may be setting up on either Forex pairs, stocks, ETFS and indices.

TC signals that occur with technical pattern breakouts are always preferred as this gives added support to the signal.

There are many different types of technical charting patterns and some of these, with hyperlinks to further information, include:

Some of the successful technical trade set up across Forex pairs are discussed on subsequent pages.

Sometimes I note technical breakouts that evolve without a clean TC signal but these can still be very profitable. Some examples of these are outlined below:

USD/CAD daily chart triangle breakout:

This is the chart before the breakout (July 2015):

LoonieDaily-1024x576

The triangle breakout gave up to 450 pips:

LoonieDaily GBP/NZD 4hr chart triangle breakout:

This is the chart before the breakout (July 2015):

GN4hr4-1024x576

This triangle breakout gave 750 pips within just one week!

GN4hr

USD/JPY Cup ‘n’ Handle breakout:

This is the monthly chart near the start of the bullish breakout back in Oct 2013:

UJFirstCup

This is the monthly chart after 2,400 pips had been added:

UJmonthly