Review: CHART PATTERNS & TECHNICAL ANALYSIS
Rating: 5 out of 5
Date: 06 15, 2014
Traders have debated the merits of Technical and Fundamental analysis for years but most traders probably utilize a little of both methods in their trading strategies.  The key trading tools of technical analysis are basic chart patterns.  You don’t even need a computer as long as you have current price data but it makes analysis much easier and faster.  Continuation Chart patterns rely heavily on the rule of physics that a “Trend in motion tends to stay in motion.”  The Trend Line is the most powerful continuation pattern but other price movements also indicate that current trends will continue.  Continuation charts are especially helpful in determining what the current trend is likely to do.  I really appreciate how Wilson broke his book into two parts; Bullish Continuation and Bearish Continuation patterns so that readers could understand the characteristics of patterns that occur under different circumstances without getting confused.  He then gives a detailed explanation of the major patterns for each type of market.  Very well done!