{"id":963,"date":"2023-10-18T05:11:48","date_gmt":"2023-10-18T05:11:48","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=963"},"modified":"2025-02-17T06:54:51","modified_gmt":"2025-02-17T06:54:51","slug":"best-options-trading-chart-patterns","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/","title":{"rendered":"Best Options Trading Chart Patterns"},"content":{"rendered":"\n<p>In this blog, we will be discussing the technical trading chart patterns that are used by investors and traders to analyse the price movement of the stock.<\/p>\n\n\n\n<p>To explain,<br>You must have heard the quote \u201cHistory repeats itself\u201d. In the same way, when it comes to the stock market, chart readers analyse the history of price movement on technical charts which are made up of certain red and green candlesticks in order to predict the future target price of that particular stock. This is known as <a href=\"https:\/\/wp-api.pocketful.in\/blog\/how-to-use-technical-analysis-on-charts\/\">technical analysis<\/a>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Now technical analysis comes with various chart patterns which are made up of candlesticks.<\/li>\n\n\n\n<li>One can use these patterns while trading either in cash or in the options segment.<\/li>\n\n\n\n<li>These patterns can help someone discover some of the best trading opportunities.<\/li>\n<\/ul>\n\n\n\n<p>First, we need to understand the meaning of cash and option segments.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#Cash_Trading\" title=\"Cash Trading\">Cash Trading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#Options_Trading\" title=\"Options Trading\">Options Trading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#Bullish_And_Bearish_Candlesticks\" title=\"Bullish And Bearish Candlesticks\">Bullish And Bearish Candlesticks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#Reversal_Patterns\" title=\"Reversal Patterns\">Reversal Patterns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#Continuation_Patterns\" title=\"Continuation Patterns\">Continuation Patterns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#FAQs_Frequently_Asked_Questions\" title=\"FAQs (Frequently Asked Questions)\">FAQs (Frequently Asked Questions)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-cash-trading\"><span class=\"ez-toc-section\" id=\"Cash_Trading\"><\/span>Cash Trading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"611\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-39.png\" alt=\"casg trading\" class=\"wp-image-982\" style=\"aspect-ratio:3\/2;object-fit:cover;width:304px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-39-1024x611.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-39-300x179.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-39-768x458.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-39.png 1060w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><br>Refers to the buying and selling of financial instruments, such as stocks, bonds, commodities, or currencies, for immediate delivery and settlement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-options-trading\"><span class=\"ez-toc-section\" id=\"Options_Trading\"><\/span>Options Trading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is a financial strategy that involves buying and selling options, which are derivative contracts that give the holder the right (but not the obligation) to buy or sell an underlying asset at a specified price (strike price) on or before a specified expiration date. There are two primary types of options: call options and put options.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"626\" height=\"417\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-40.png\" alt=\"option trading\" class=\"wp-image-987\" style=\"aspect-ratio:4\/3;object-fit:cover;width:320px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-40.png 626w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/image-40-300x200.png 300w\" sizes=\"auto, (max-width: 626px) 100vw, 626px\" \/><\/figure>\n\n\n\n<p>The next question that would come to your mind would be, how patterns are formed on stock charts? So, the answer to this is, that patterns are made up of candlesticks. A candlestick consists of a rectangular area, known as the &#8220;body,&#8221; and two &#8220;wicks&#8221; or &#8220;shadows&#8221; extending from the top and bottom of the body. Candlesticks can be coloured to represent whether the price of the asset increased or decreased during the time frame. There are basically two types of candlesticks:<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/trading\/chart-patterns\/ascending-triangle-continuation\/\">Ascending Triangle Chart Pattern<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bullish-and-bearish-candlesticks\"><span class=\"ez-toc-section\" id=\"Bullish_And_Bearish_Candlesticks\"><\/span>Bullish And Bearish Candlesticks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"491\" height=\"349\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/11\/image-15.png\" alt=\"candlesticks\" class=\"wp-image-2160\" style=\"aspect-ratio:1.7777777777777777;object-fit:cover;width:371px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/11\/image-15.png 491w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/11\/image-15-300x213.png 300w\" sizes=\"auto, (max-width: 491px) 100vw, 491px\" \/><\/figure>\n\n\n\n<p>A &#8220;bullish&#8221; or &#8220;up&#8221; candlestick is typically white or green and indicates that the closing price is higher than the opening price, signifying a price increase.<\/p>\n\n\n\n<p>A &#8220;bearish&#8221; or &#8220;down&#8221; candlestick is typically red or black and indicates that the closing price is lower than the opening price, signifying a price decrease.<\/p>\n\n\n\n<p>Traders often look for specific candlestick patterns, such as &#8220;doji,&#8221; &#8220;hammer,&#8221; &#8220;engulfing,&#8221; and &#8220;morning star,&#8221; to make trading decisions. These patterns can provide insights for upcoming trend reversals in the market.<\/p>\n\n\n\n<p>After having some basic idea about the technical analysis, it is important to go through some terminologies that are linked with chart patterns.<\/p>\n\n\n\n<p>First and foremost, one must identify the support and the resistance lines in order to understand the basic price movement.&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>resistance level<\/strong> is a price level at which a stock encounters selling interest, preventing it from rising further. It acts as a &#8220;ceiling&#8221; for the price, where the supply of the stock increases, and buying interest diminishes.<\/li>\n\n\n\n<li>A <strong>support level<\/strong> is a price level at which an asset tends to find buying interest, preventing it from falling further. It&#8217;s like a &#8220;floor&#8221; for the price, where demand for the stock increases, and selling interest diminishes.<\/li>\n<\/ul>\n\n\n\n<p>Support and resistance are fundamental concepts of technical analysis and play a crucial role in the same.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Best-Options-Trading-Chart-Patterns.png\" alt=\"Best Options Trading Chart Patterns\" class=\"wp-image-3083\" style=\"width:457px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Best-Options-Trading-Chart-Patterns-1024x576.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Best-Options-Trading-Chart-Patterns-300x169.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Best-Options-Trading-Chart-Patterns-768x432.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Best-Options-Trading-Chart-Patterns-1536x864.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Best-Options-Trading-Chart-Patterns.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-reversal-patterns\"><span class=\"ez-toc-section\" id=\"Reversal_Patterns\"><\/span>Reversal Patterns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Reversal patterns in technical analysis are chart patterns that suggest a potential change in the direction of an existing price trend. These patterns are valuable for traders and investors seeking to identify points at which an asset&#8217;s price may reverse from an uptrend (bullish) to a downtrend (bearish) or vice versa. Reversal patterns can help in making informed decisions about buying or selling a stock.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/trading\/chart-patterns\/triple-top-reversal\/\">Triple Top Reversal Chart Pattern<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-continuation-patterns\"><span class=\"ez-toc-section\" id=\"Continuation_Patterns\"><\/span>Continuation Patterns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Continuation patterns are technical chart patterns that suggest a temporary consolidation or pause in an existing price trend, followed by the continuation of the prior trend. Some of the examples of continuation patterns are listed below<\/p>\n\n\n\n<p>This is the most basic and widely used flag pattern in trading. The pattern above that you are seeing is known as the bullish flag pattern<\/p>\n\n\n\n<p>The pattern begins with a strong and sharp upward price movement called the pole of the flag. Following the flagpole, there is a period of consolidation or sideways price movement. This consolidation takes the form of a rectangular or parallel channel as one can see in the image, sloping downward slightly. This is the flag portion of the pattern. Then comes a bearish flag pattern. The bearish flag pattern is characterized by a flagpole that continues in a consolidation phase. The pattern is considered complete when the price breaks out to the downside, indicating a trend reversal.<\/p>\n\n\n\n<p>Now, our readers must be aware a bit about the target and stop loss. We will also explain through this blog how you can set your estimated target and stop loss while using chart patterns and for this, you need to understand the meaning of target and stop loss. Traders typically place a stop-loss order just below the lower boundary of the flag pattern. This helps protect against potential losses if the price unexpectedly changes its direction.<\/p>\n\n\n\n<p>The price target is usually calculated by measuring the length of the flagpole and adding it to the breakout point.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-nbsp-descending-triangle\">&nbsp;Descending Triangle<\/h3>\n\n\n\n<p>This is a continuation pattern with a flat support level and a declining resistance line. The price is expected to break down below the support level, leading to a bearish trend continuation.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/0Tr4XbmNm237DrRXjwr8W4eabNQbOUs2g3Z1OgEZH-krp3dKts_33YBwcZCVrUWkA9efioEo5Xzs2T0SCLVSa8O1l-SkTFy_yK7jMK1EW0EraW7DyC1--gWexv9Hb4I4svnbpFXQ2UlH2vTVje0SysM\" alt=\"descending triangle\" style=\"aspect-ratio:16\/9;object-fit:cover\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-symmetrical-triangle-pattern\">Symmetrical Triangle Pattern<\/h3>\n\n\n\n<p>Symmetrical triangles do not have a specific bullish or bearish bias by themselves. The breakout direction provides the bias for the pattern. It is considered a continuation pattern, indicating that the price is likely to continue the existing trend after a period of consolidation.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/ZTZdJKIw8iZNQAYe0T3G-lqfVGbCgetAdYRpxlhLVaQZw2uJyn-0k0RjAMVYqDXKxUuhPjhgon978L3WdxXe6pPTx78Kz5zq34rCk0V0h8SiL8Z3mdHvr--HiGdXQuHwwdPbEwd04QsB8ykvC-bnDrk\" alt=\"symmetrical triangle pattern\" style=\"aspect-ratio:16\/9;object-fit:cover\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-head-and-shoulders\">Head And Shoulders<\/h3>\n\n\n\n<p>The head and shoulders pattern consists of three peaks. The middle peak (the head) is higher than the two outer peaks (the shoulders). This pattern suggests a potential trend reversal from bullish to bearish.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/I1WaVXD4gI_qvZ7kOn0NOevM_ra_iuG9CT8rMzkIhPAb6c22kp4PFWqPCkra1O410QO3BVajgVa4SwPcIs9BWHUxrNi55Tz-JcCuE2GAsDx7gp5qHZKwcsZEb1D2C3Y2ruvNjmjH_6W1inTbsZEsQcQ\" alt=\"head and shoulders\" style=\"aspect-ratio:3\/2;object-fit:cover\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-wedge-pattern\">Wedge Pattern<\/h3>\n\n\n\n<p>It is a technical chart pattern used in technical analysis to identify potential trend reversals or trend continuations in the price of a stock, currency pair, or commodity. Wedge patterns are named for their shape, as they resemble a narrowing or converging pattern on a price chart. There are two primary types of wedge patterns: rising wedges and falling wedges.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/MRme0ifW1ZKWB25lsVjGpL1z0v9thP1MidKTk1o41rxShDpTnlDoWGHAzTmPhLjS0b8OB9TXAWbLlZtnm-6ZlkFXglm2QscUUCJUqiFV8iTvuIyzNtm1ck29rt6jglCApM0uY-aPG5HNAZ4LKBDGSUw\" alt=\"wedge pattern\" style=\"aspect-ratio:3\/2;object-fit:cover\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/C-NXCG0YkPEUPdOqh0siLOVQkmZUxUTuPebr9G5UFE7wKSxm57F5g1kS06spzigC9nTV8tmBHqo1EnNmqgL54MQEa1thzveoJ-WDSGsa9AEQKoO0zuNJ4f3eDFn9C8aL4qoQlgfzRox4ax_s9X6yFVY\" alt=\"downward wedge trend \" style=\"aspect-ratio:3\/2;object-fit:cover\" \/><\/figure>\n\n\n\n<p>The above figure displays the falling and rising wedge chart patterns respectively.<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/trading\/candlestick-patterns\/high-wave\/\">High-Wave Candlestick Chart Pattern<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is better to trade with chart patterns since they provide the trader with better market insights and a competitive advantage over those who use technical analysis tools while trading. Chart patterns represent a comprehensive approach and its analysis can help in a deep understanding of market psychology.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs-frequently-asked-questions\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span>FAQs (Frequently Asked Questions)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is Options Trading?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Options trading involves buying and selling options, which are derivative contracts that give the holder the right (but not the obligation) to buy or sell an underlying asset.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Is Cash Trading different from Options Trading?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Yes, Cash trading is different from option trading.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is the resistance level?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">A resistance level is a price level at which a stock price faces difficulties in continuing its trend.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is a candle stick?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">A candlestick consists of a rectangular area, known as the &#8220;body,&#8221; and two &#8220;wicks&#8221; or &#8220;shadows&#8221; extending from the top and bottom of the body.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is a reversal pattern?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Reversal patterns in technical analysis are chart patterns that suggest a change in the direction of an existing price trend.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>In this blog, we will be discussing the technical trading chart patterns that are used by investors and traders to analyse the price movement of the stock. To explain,You must have heard the quote \u201cHistory repeats itself\u201d. In the same way, when it comes to the stock market, chart readers analyse the history of price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1374,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading"],"acf":{"freelancer":"Kavya Mehrotra"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Options Trading Chart Patterns - Pocketful<\/title>\n<meta name=\"description\" content=\"learn about the different chart patterns that could transform your options trading strategy. Read to know how to identify these patterns.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Best Options Trading Chart Patterns\" \/>\n<meta property=\"og:description\" content=\"learn about the different chart patterns that could transform your options trading strategy. Read to know how to identify these patterns.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T05:11:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-17T06:54:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/blogbanner-temp1.psd-19.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Farhan Ahmed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Farhan Ahmed\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Best Options Trading Chart Patterns - Pocketful","description":"learn about the different chart patterns that could transform your options trading strategy. Read to know how to identify these patterns.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Best Options Trading Chart Patterns","og_description":"learn about the different chart patterns that could transform your options trading strategy. Read to know how to identify these patterns.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_published_time":"2023-10-18T05:11:48+00:00","article_modified_time":"2025-02-17T06:54:51+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/blogbanner-temp1.psd-19.png","type":"image\/png"}],"author":"Farhan Ahmed","twitter_card":"summary_large_image","twitter_creator":"@Pocketful_HQ","twitter_site":"@Pocketful_HQ","twitter_misc":{"Written by":"Farhan Ahmed","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#article","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/"},"author":{"name":"Farhan Ahmed","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/114b988f2ddda136aaca1382ea16ad36"},"headline":"Best Options Trading Chart Patterns","datePublished":"2023-10-18T05:11:48+00:00","dateModified":"2025-02-17T06:54:51+00:00","mainEntityOfPage":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/"},"wordCount":1127,"publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"articleSection":["Trading"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/","url":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/","name":"Best Options Trading Chart Patterns - Pocketful","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2023-10-18T05:11:48+00:00","dateModified":"2025-02-17T06:54:51+00:00","description":"learn about the different chart patterns that could transform your options trading strategy. Read to know how to identify these patterns.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/best-options-trading-chart-patterns\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Best Options Trading Chart Patterns"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; more","publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp-api.pocketful.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization","name":"Pocketful","alternateName":"Pocketful Broker","url":"https:\/\/wp-api.pocketful.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","contentUrl":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","width":150,"height":26,"caption":"Pocketful"},"image":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Pocketful.HQ\/","https:\/\/twitter.com\/Pocketful_HQ","https:\/\/www.linkedin.com\/company\/pocketfulofprofits\/","https:\/\/www.instagram.com\/pocketful.official\/"]},{"@type":"Person","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/114b988f2ddda136aaca1382ea16ad36","name":"Farhan Ahmed","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bf396aa057ae6feaedabfbf35a51ff7dce66594905d2cf797f29f4c8e3788484?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bf396aa057ae6feaedabfbf35a51ff7dce66594905d2cf797f29f4c8e3788484?s=96&d=mm&r=g","caption":"Farhan Ahmed"},"sameAs":["https:\/\/wp-api.pocketful.in\/blog"]}]}},"associated_menu_id":null,"article_history_entries":[{"type":"Edit","author":{"id":7,"name":"Pocketful Team","url":"pocketful"},"content":"Post created","date":"2023-10-18 05:11:48","id":"ah_67179829574d32.52855829"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update FAQs Formatting","date":"2025-02-17 06:51:53","id":"ah_67b2dc89c46330.02774023"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update FAQs Formatting","date":"2025-02-17 06:52:35","id":"ah_67b2dcb3903e56.54993076"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update FAQs Formatting","date":"2025-02-17 06:53:16","id":"ah_67b2dcdc65deb9.09303261"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update FAQs Formatting","date":"2025-02-17 06:53:45","id":"ah_67b2dcf9626963.80766439"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update FAQs Formatting","date":"2025-02-17 06:54:52","id":"ah_67b2dd3c06e0d9.72660662"}],"is_paper_insight":false,"image_url_featured":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/10\/blogbanner-temp1.psd-19.png","_links":{"self":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/comments?post=963"}],"version-history":[{"count":0,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media\/1374"}],"wp:attachment":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media?parent=963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/categories?post=963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/tags?post=963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}