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Tag Archives: Channel Pattern

How to trade the Channel Pattern

We all love to ride the roller coaster, isn’t it?  It has its ups and downs and we cheer every time it changes its vertical direction. Sometimes it goes in an upward direction and sometimes we get butterflies in the stomach when it goes in the downward direction. We can feel that thrill, right? Just [...]
Posted byWinstone MarketApril 17, 2021May 28, 2021Posted inArticlesTags: Channel Pattern, PatternsLeave a comment on How to trade the Channel Pattern

Channel Pattern

The Channel pattern chart borrows its name from the geometry of how rivers flow. A channel is formed when the energy of the river encounters a barrier (river bed). The river will hit this barrier and reverse in the opposite direction, hitting the barrier on the other side. This zigzag pattern of flow forms the [...]
Posted byWinstone MarketAugust 13, 2018August 3, 2021Posted inArticlesTags: Channel Pattern, PatternsLeave a comment on Channel Pattern

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