Would like to share some ideas on chart pattern, how to identifies some simple pattern like channel, triangle, flag, double top double bottom, head and shoulder, reverse head and shoulder etc, and how to calc entry, stop loss, take profit.
The focus is on break of the pattern and on pullback.
After the break wait the pullback and trade after the confermation bar on direction of break, put te stop loss some pips above or below the last pullback bar. Take profit is calc on the higher high of pattern swing. TP could be also calc less aggressive like on middle swing or low swing, this depends on trader choice, if would be aggressive, more safe or conservative, and on amplitude of pattern.