Honestly, when I first started learning technical analysis, I thought it was all about indicators and numbers. Turns out, patterns in trading are a whole different level. They’re like a language through which the market communicates its intentions.

I’ve noticed that many beginners overlook the most obvious signals. For example, a double top—you see two roughly equal peaks separated by a small dip. It’s not just a coincidence. It indicates that the bulls can’t push higher, and a reversal downward might be imminent. The opposite is true for a double bottom—two low points followed by a price increase. These are trading patterns that have been working for decades.

Another classic pattern is the head and shoulders. It forms after an uptrend and looks like three peaks: two smaller ones on the sides and a higher one in the middle. When you see this pattern, you can usually expect a significant decline. I’ve often caught good shorts based on this pattern.

Flags and pennants are continuation patterns. They show that the trend is taking a pause and consolidating but will likely continue in the same direction afterward. If you see a flag in an uptrend, the price will probably go higher after the consolidation.

The main thing I’ve learned from trading is that patterns work, but only if you look at volume and seek confirming signals. Don’t rely solely on the shape; watch what’s happening with trading volume. That will give you confidence in the signal.

I’ve noticed that many people simply ignore these basic trading patterns, even though they work. Maybe because they’re too simple? But sometimes, simple solutions are the most effective. If you have experience with these patterns, I’d be interested to hear which ones work best for you in your trading.