Chart patterns, when used with technical indicators, help traders understand the market better. These patterns are like important tools for traders. I've summarized another article about a pattern called Cup and Handle Pattern. You can
read it here to learn about this pattern and other types too.
What is a Cup and Handle Chart Pattern?The cup and handle pattern is just one of the many patterns that traders can look out for when charting. Patterns in charts help a trader to observe movements that have the probability to repeat itself. If it is convenient for you, Cup and Handle pattern can be a good pattern to really understand. If you can focus on mastering spotting this pattern in charts, you will be able to make better analysis. Mastering a few patterns and looking out for them is better than looking for all the patterns in a chart to set your trade.