I've noticed that many beginners in trading rely solely on indicators but overlook the most important thing – price patterns. They really work if you know what to look for.

Let's talk about the most reliable patterns that help predict market movements. I'll start with my favorites.

Flag and pennant – these are continuation patterns. When you see such formations, usually the price just pauses and then continues in the same direction. Very useful for entering a trend continuation.

Head and shoulders – classic reversal pattern. If this pattern appears after an uptrend, get ready for a decline. It's one of the most reliable signals that the bulls are losing strength.

Double top and double bottom – also reversal patterns, but easier to recognize. The top indicates that the rally is exhausted, while the bottom confirms support and signals a buy. Seeing two identical highs or lows is a sign of a reversal.

An important point: patterns alone do not guarantee trading success. Always look at the volume – it should confirm the movement. Without volume, even a beautiful pattern may not work.

Do I use these patterns in my trading? Yes, constantly. They help filter out noise and catch real reversals. I'm curious, how do you apply patterns in your strategies? Which ones work best?